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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 Keene at 1933 Teak Dr, Keene, TX, 76059 priced at $227,999 converts $1,562/mo rent into after a $1,116/mo obligation. Total monthly income equals $1,562/mo. Return on cash invested prints 18.17% in year one, and rental yield reads 8.22% against a $227,999 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation compiles into $62,992 by year five. Five-year ROI reaches 95.04% and total cumulative return in cash sums $71,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,562/mo property income covering a $1,116/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,011 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 76059, Keene, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 874 (48.0%) |
| Renter Occupied HU | 759 (41.7%) |
| Vacant Housing Units | 187 (10.3%) |
| Median Home Value | $263,372 |
| Average Home Value | $342,305 |
Residential
1,741
Single Family
1,594
Multi-Family
147
Businesses
147
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $227,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20887222
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.
