1221 Morris DrKellerTX76248
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
Investment property for sale in Keller at 1221 Morris Dr, Keller, TX, 76248 listed at $899,900 pairs $7,220/mo rent with a $4,405/mo payment to leave $346/mo cash flow. Total monthly income runs $7,220/mo, and annual cash flow reaches $4,146/yr on $296,067 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 9.63% at a $899,900 basis. Equity gained on principal adds $5,807/yr, and annual property appreciation at 5% supports $248,626 by year five. Five-year ROI tracks 113.05% and total cumulative return in cash totals $334,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,220/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.54 Acres lot
$N/A/sqft
No 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: Angela Dennis • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20941901
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.