109 2nd StKeeneTX76059
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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
Rental property for sale in Keene at 109 2nd St, Keene, TX, 76059 priced at $275,000 converts $1,923/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,923/mo. Return on cash invested prints 19.48% in year one, and rental yield reads 8.39% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 101.78% and total cumulative return in cash sums $92,783. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,923/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76059, Keene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 874 (48.0%) |
| Renter Occupied HU | 759 (41.7%) |
| Vacant Housing Units | 187 (10.3%) |
| Median Home Value | $263,372 |
| Average Home Value | $342,305 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,594
Multi-Family
147
Businesses
147
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