1308 Carriage LnKellerTX76248
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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
Investment property for sale in Keller at 1308 Carriage Ln, Keller, TX, 76248 uses $132,567 cash to close to unlock $3,051/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $3,143/mo, and a $1,957/mo payment keeps the spread at $254/mo. Purchase price stands at $399,900, and rental yield measures 9.43% with $3,143/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash records $154,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,143/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2000
6,664 sqft lot
$N/A/sqft
$544 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
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Listed by: Stephanie Turner • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20969189
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.