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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 305 N Eastern St, Keene, TX, 76059 offers $1,801/mo rent that, after a $1,072/mo payment, leaves $130/mo cash flow. Total monthly income is $1,801/mo, and annual cash flow is $1,556/yr on $72,599 cash. Return on cash invested measures 22.05% in year one, and rental yield stands at 9.87% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 116.25% and total cumulative return in cash reaches $84,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,801/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.45 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-14 | Price change | $219,000 |
| 2025-01-05 | Listed for sale | $229,000 |
| 2021-09-21 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $218,485 | 3.31% |
| 2023-07-01 | $5001.95 | -5.15% | $211,485 | 0.98% |
| 2022-07-01 | $5273.79 | 33.40% | $209,435 | 27.21% |
Listed by: Elgina Parilla • Keller Williams Johnson County
Mls Name: NTREIS
Mls ID: #20986692
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.
