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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 Keene at 1112 Ledgestone Dr, Keene, TX, 76059 priced at $255,779 converts $2,040/mo rent into $171/mo cash flow after a $1,252/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $2,052/yr on $84,791 invested. Return on cash invested prints 22.33% in year one, and rental yield reads 9.57% against a $255,779 entry. Equity gained on principal adds $1,651/yr, while 5% annual appreciation compiles into $70,667 by year five. Five-year ROI reaches 117.34% and total cumulative return in cash sums $99,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,252/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 76059, Keene, TX area.
| 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 |
Residential
1,741
Single Family
1,594
Multi-Family
147
Businesses
147
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Price change | $255,779 |
| 2025-01-22 | Price change | $260,999 |
| 2025-01-18 | Listed for sale | $258,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20826455
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.
