309 Logan StKeeneTX76059
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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 Keene at 309 Logan St, Keene, TX, 76059 priced at $330,990 converts $2,040/mo rent into after a $1,620/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 16.11% in year one, and rental yield reads 7.4% against a $330,990 entry. Equity gained on principal adds $2,136/yr, while 5% annual appreciation compiles into $91,446 by year five. Five-year ROI reaches 83.82% and total cumulative return in cash sums $91,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,620/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
$400 annually 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
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Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20898565
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.