623 E Kempner StMabankTX75147
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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 Mabank at 623 E Kempner St, Mabank, TX, 75147 offers a 9.72% rental yield on a $244,500 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,197/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,892/yr on $81,052 to close, and return on cash invested stands at 23.48% in year one. Equity gained on principal adds $1,578/yr while 5% annual appreciation supports $67,551 over five years. Portfolio math shows five-year ROI at 123.24% and total cumulative return in cash at $99,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,197/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75147, Mabank, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,477 (65.3%) |
| Renter Occupied HU | 981 (25.9%) |
| Vacant Housing Units | 335 ( 8.8%) |
| Median Home Value | $336,546 |
| Average Home Value | $337,294 |
Housing Distribution
Address Breakdown
Residential
3,698
Single Family
3,622
Multi-Family
76
Businesses
411
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