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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 1506 Chase Oaks Dr, Keller, TX, 76248 priced at $620,000 converts $4,518/mo rent into $64/mo cash flow after a $3,035/mo obligation. Total monthly income equals $4,518/mo, and annual cash flow totals $772/yr on $203,980 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 8.74% against a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,295 by year five. Five-year ROI reaches 106.98% and total cumulative return in cash sums $218,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,518/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.26 Acres lot
$N/A/sqft
$266 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $620,000 |
| 2016-07-15 | Sold | N/A |
| 2016-06-21 | Pending sale | $299,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $8083.96 | 6.36% | $566,696 | -9.62% |
| 2023-05-02 | $7600.60 | -14.30% | $627,013 | 35.14% |
| 2022-05-02 | $8868.85 | 2.85% | $463,964 | 14.52% |
Listed by: Devin Lowery • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #20923078
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.
