Well, I think we'd need a canon answer to that from Karbo, since I don't think there's any rule on that. At least not that I'm aware of.
In legend, real world legend, women that an Incubus slept with would give birth to a child with exceptional abilities. That is, a child with control over magic. There are some theories out there that say Merlin from King Arthur's legend is a powerful spellcaster because his father was a demon.
Moving on to other settings, we have D&D, where half-demons are possible in the form of a race called Tiefling, or we could always go with Tolkien's lore and avoid all half-races entirely by making the child able to choose which one he wants to become.
We can also have the sex demon take control of that, though, and have him or her decide which race is the child going to be born to, since I can totally see that falling under their magic's area of expertise.
A quick search through the wiki turned up something interesting, though. I knew this race was here, but I wanted to check if there were more, and there aren't.
Pit Nagas are apparently a mix of Naga and Demon. They are mentioned to have both demon blood and demonic traits in their appearance, so I guess this is a canon point towards a half-demon version of each race being possible, although maybe not all races are compatible with demon blood. Besides Angels, I mean.
I'd also like to address the point of cross-race breeding with demi-chimeras. Maybe they are the result of two races breeding, or they are another race altogether that can breed with any other race and take in their traits? I think that should be answered too.