405 Layton StKilgoreTX75662
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kilgore at 405 Layton St, Kilgore, TX, 75662 priced at $229,000 converts $2,886/mo rent into $1,257/mo cash flow after a $1,121/mo obligation. Total monthly income equals $2,886/mo, and annual cash flow totals $15,089/yr on $75,914 invested. Return on cash invested prints 39.79% in year one, and rental yield reads 15.12% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 210.69% and total cumulative return in cash sums $159,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,886/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75662, Kilgore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,956 (66.0%) |
| Renter Occupied HU | 2,676 (25.4%) |
| Vacant Housing Units | 909 ( 8.6%) |
| Median Home Value | $206,140 |
| Average Home Value | $252,139 |
Housing Distribution
Address Breakdown
Residential
9,980
Single Family
9,235
Multi-Family
745
Businesses
928
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Listed by: Brandi Willeford • East Texas Preferred Properties, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24010210
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.