1517 Highland Lakes DrKellerTX76248
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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
Rental property for sale in Keller at 1517 Highland Lakes Dr, Keller, TX, 76248 offers $5,383/mo rent that, after a $3,132/mo payment, leaves $832/mo cash flow. Total monthly income is $5,383/mo, and annual cash flow is $9,988/yr on $210,560 cash. Return on cash invested measures 24.8% in year one, and rental yield stands at 10.09% at a $640,000 entry. Equity gained on principal adds $4,130/yr while 5% annual appreciation compounds into $176,820 by year five. Five-year ROI records 130.28% and total cumulative return in cash reaches $274,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,383/mo property income versus a $3,132/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,018 sqft 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
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