1204 Wishing Tree LnKellerTX76248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Keller at 1204 Wishing Tree Ln, Keller, TX, 76248 priced at $1,275,000 converts $4,011/mo rent into after a $6,240/mo obligation. Total monthly income equals $4,011/mo. Return on cash invested prints 5.42% in year one, and rental yield reads 3.78% against a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation compiles into $352,259 by year five. Five-year ROI reaches 26.38% and total cumulative return in cash sums $108,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,011/mo property income covering a $6,240/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.58 Acres lot
$N/A/sqft
$1,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76248, Keller, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,057
Single Family
13,036
Multi-Family
2,021
Businesses
926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shan Barton • Sunet Group
Mls Name: NTREIS
Mls ID: #20921091
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.