632 Leach 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 632 Leach St, Kilgore, TX, 75662 priced at $185,000 converts $1,469/mo rent into $154/mo cash flow after a $905/mo obligation. Total monthly income equals $1,469/mo, and annual cash flow totals $1,847/yr on $61,328 invested. Return on cash invested prints 22.92% in year one, and rental yield reads 9.53% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 120.2% and total cumulative return in cash sums $73,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,469/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.40 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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