606 Tahiti LnKempTX75143
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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 Kemp at 606 Tahiti Ln, Kemp, TX, 75143 priced at $294,900 converts $2,410/mo rent into $308/mo cash flow after a $1,443/mo obligation. Total monthly income equals $2,410/mo, and annual cash flow totals $3,700/yr on $97,759 invested. Return on cash invested prints 23.69% in year one, and rental yield reads 9.81% against a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation compiles into $81,475 by year five. Five-year ROI reaches 124.4% and total cumulative return in cash sums $121,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,410/mo property income covering a $1,443/mo payment, not borrower’s personal income.
Single Family
Built in 2024
9,448 sqft lot
$N/A/sqft
$60 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: Jorge Villalpando • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20670613
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.