501 Higginbotham RdKilgoreTX75662
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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 501 Higginbotham Rd, Kilgore, TX, 75662 offers $3,054/mo rent that, after a $2,056/mo payment, leaves $67/mo cash flow. Total monthly income is $3,054/mo, and annual cash flow is $804/yr on $139,230 cash. Return on cash invested measures 20.49% in year one, and rental yield stands at 8.73% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 107.15% and total cumulative return in cash reaches $149,179. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,054/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
1.63 Acres 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: Reane Walker • East Texas Preferred Properties, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25005685
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.