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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Kemp at 653 James St, Kemp, TX, 75143 uses $41,106 cash to close to unlock $19,922/yr annual cash flow and $1,660/mo monthly cash flow. Total monthly income runs $2,542/mo, and a $607/mo payment keeps the spread at $1,660/mo. Purchase price stands at $124,000, and rental yield measures 24.6% with $2,542/mo rent. Return on cash invested shows 68.37% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 364.04% and total cumulative return in cash records $149,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,542/mo property income covering a $607/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75143, Kemp, TX area.
| 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 |
Residential
6,852
Single Family
6,852
Multi-Family
0
Businesses
410
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Listed for sale | $124,000 |
| 2024-03-25 | Listing removed | N/A |
| 2024-03-21 | Price change | $124,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-30 | $460.12 | -65.25% | $99,010 | N/A |
| 2021-08-30 | $1324.01 | 250.31% | N/A | N/A |
| 2020-08-30 | $377.95 | -64.46% | N/A | N/A |
Listed by: Mary Bahena • MTX Realty, LLC
Mls Name: NTREIS
Mls ID: #20702987
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.
