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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 116 Johnson Rd, Keller, TX, 76248 generates $4,080/mo in rent and, after a $1,738/mo payment, leaves $1,555/mo in cash flow. Total monthly income is $4,080/mo, and annual cash flow is $18,661/yr on $117,683 invested. Return on cash invested sits at 35.77% in year one, and rental yield is 13.79% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 189.13% and total cumulative return in cash sums $222,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
9,801 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-08 | Price change | $355,000 |
| 2024-07-22 | Price change | $360,000 |
| 2024-07-03 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2108.73 | -28.39% | $183,319 | -25.88% |
| 2022-08-31 | $2944.69 | -0.63% | $247,325 | 45.39% |
| 2021-08-31 | $2963.42 | 7.49% | $170,112 | 27.24% |
Listed by: Holly Winn • Brooks & Morgan Real Estate
Mls Name: NTREIS
Mls ID: #20663784
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.
