605 Hills LnToolTX75143
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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
Investment property for sale in Tool at 605 Hills Ln, Tool, TX, 75143 uses $109,362 cash to close to unlock $1,047/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $2,446/mo, and a $1,615/mo payment keeps the spread at $87/mo. Purchase price stands at $329,900, and rental yield measures 8.9% with $2,446/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 109.27% and total cumulative return in cash records $119,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,446/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.68 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75143, Kemp, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,606 (100%) |
| Owner Occupied HU | 4,722 (62.1%) |
| Renter Occupied HU | 1,406 (18.5%) |
| Vacant Housing Units | 1,478 (19.4%) |
| Median Home Value | $251,256 |
| Average Home Value | $302,938 |
Housing Distribution
Address Breakdown
Residential
6,852
Single Family
6,852
Multi-Family
0
Businesses
410
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Listed by: Vicki Baumbach • Bradford Elite Real Estate LLC
Mls Name: NTREIS
Mls ID: #20833243
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.