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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% |
Investment property for sale in Keller at 1316 Ashmore Dr, Keller, TX, 76248 offers a 9.67% rental yield on a $730,000 purchase with $5,880/mo rent. Total monthly income registers $5,880/mo, and a $3,573/mo payment leaves $614/mo available for distribution. Annual cash flow reaches $7,366/yr on $240,170 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $4,711/yr while 5% annual appreciation supports $201,686 over five years. Portfolio math shows five-year ROI at 121.42% and total cumulative return in cash at $291,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,880/mo property income against a $3,573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,450 sqft lot
$N/A/sqft
$900 annually 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 |
|---|---|---|
| 2024-12-19 | Price change | $730,000 |
| 2024-11-07 | Price change | $755,000 |
| 2024-09-30 | Listed for sale | $777,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $11770.14 | 0.71% | $633,280 | 2.99% |
| 2023-12-27 | $11687.30 | 23.22% | $614,904 | 43.02% |
| 2022-12-27 | $9484.80 | -5.02% | $429,955 | N/A |
Listed by: Deedee Taylor • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20672699
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.
