308 Pepper StKeeneTX76059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Keene at 308 Pepper St, Keene, TX, 76059 priced at $273,990 converts $2,040/mo rent into $92/mo cash flow after a $1,341/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $1,100/yr on $90,828 invested. Return on cash invested prints 21.12% in year one, and rental yield reads 8.93% against a $273,990 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation compiles into $75,698 by year five. Five-year ROI reaches 110.55% and total cumulative return in cash sums $100,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,341/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76059, Keene, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,594
Multi-Family
147
Businesses
147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices