913 Doe Run RdToolTX75143
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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 Tool at 913 Doe Run Rd, Tool, TX, 75143 uses $99,119 cash to close to unlock $999/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $2,209/mo, and a $1,463/mo payment keeps the spread at $83/mo. Purchase price stands at $299,000, and rental yield measures 8.87% with $2,209/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 109.48% and total cumulative return in cash records $108,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,209/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.46 Acres 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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