806 S Main StKempTX75143
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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 Kemp at 806 S Main St, Kemp, TX, 75143 listed at $262,989 pairs $2,392/mo rent with a $1,287/mo payment to leave $522/mo cash flow. Total monthly income runs $2,392/mo, and annual cash flow reaches $6,264/yr on $87,181 cash to close. Return on cash invested measures 27.09% in year one, and rental yield registers 10.91% at a $262,989 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,659 by year five. Five-year ROI tracks 142.64% and total cumulative return in cash totals $124,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,392/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,183 sqft lot
$N/A/sqft
No 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: Brittany Realzola • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20670787
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.