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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 1408 Briar Meadow Dr, Keller, TX, 76248 priced at $611,000 converts $7,325/mo rent into $2,938/mo cash flow after a $2,991/mo obligation. Total monthly income equals $7,325/mo, and annual cash flow totals $35,257/yr on $201,019 invested. Return on cash invested prints 37.6% in year one, and rental yield reads 14.39% against a $611,000 entry. Equity gained on principal adds $3,943/yr, while 5% annual appreciation compiles into $168,808 by year five. Five-year ROI reaches 199% and total cumulative return in cash sums $400,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,325/mo property income covering a $2,991/mo payment, not borrower’s personal income.
Single Family
Built in 1998
8,407 sqft lot
$N/A/sqft
$249 semi-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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $611,000 |
| 2024-12-03 | Listing removed | $521,000 |
| 2024-11-15 | Price change | $524,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $9446.11 | -9.98% | $508,238 | -7.94% |
| 2023-04-11 | $10493.15 | 7.50% | $552,076 | 24.76% |
| 2022-04-11 | $9761.46 | N/A | $442,496 | 11.86% |
Listed by: Michael Horton • BHHS Premier Properties
Mls Name: NTREIS
Mls ID: #20898430
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.
