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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% |
Rental property for sale in Keller at 1007 Mesquite Dr, Keller, TX, 76248 priced at $625,000 converts $4,076/mo rent into after a $3,059/mo obligation. Total monthly income equals $4,076/mo. Return on cash invested prints 17.85% in year one, and rental yield reads 7.83% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 92.99% and total cumulative return in cash sums $191,209. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,076/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1988
9,060 sqft lot
$N/A/sqft
$130 annually HOA
Neighborhood data shown for ZIP Code: 76248, Keller, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,118 (100%) |
| Owner Occupied HU | 11,544 (76.4%) |
| Renter Occupied HU | 3,205 (21.2%) |
| Vacant Housing Units | 369 ( 2.4%) |
| Median Home Value | $532,964 |
| Average Home Value | $597,549 |
Residential
15,057
Single Family
13,036
Multi-Family
2,021
Businesses
926
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $625,000 |
| 2019-04-25 | Sold | N/A |
| 2019-04-05 | Pending sale | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-02 | $7948.06 | -14.02% | $541,139 | 16.17% |
| 2022-09-02 | $9243.68 | -4.77% | $465,819 | 11.46% |
| 2021-09-02 | $9706.98 | 8.12% | $417,936 | 10.71% |
Listed by: Michelle Rawls • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20716244
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.
