710 Kontiki DrToolTX75143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tool at 710 Kontiki Dr, Tool, TX, 75143 priced at $279,000 converts $2,232/mo rent into $171/mo cash flow after a $1,366/mo obligation. Total monthly income equals $2,232/mo, and annual cash flow totals $2,057/yr on $92,489 invested. Return on cash invested prints 22.13% in year one, and rental yield reads 9.6% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 116.36% and total cumulative return in cash sums $107,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,232/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 2021
10,585 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: Robert Blaase • Coldwell Banker American Dream
Mls Name: NTREIS
Mls ID: #20812355
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.