311 S Elm St, Keller, TX, 76248 | 4.77% Rental Yield

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311 S Elm St, Keller, TX, 76248 | 4.77% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Keller at 311 S Elm St, Keller, TX, 76248 listed at $650,000 pairs $2,586/mo rent with a $3,181/mo payment. Total monthly income runs $2,586/mo. Return on cash invested measures 8.64% in year one, and rental yield registers 4.77% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 43.59% and total cumulative return in cash totals $93,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,586/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1955

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 311 S Elm St., where charm meets versatility in the heart of Old Town Keller. This beautifully updated 5-bedroom, 3-bathroom home blends modern style with small-town walkability and unique live and work potential. With luxury vinyl plank flooring throughout, quartz countertops, and stainless steel appliances, the open-concept kitchen and living area offer both comfort and sophistication. Downstairs you'll find a spacious primary suite with an attached bath, an additional bedroom and bath ideal for guests or office use, and a large dining room for hosting. Upstairs, two oversized bedrooms, a loft, and a full bath provide flexible space for growing families, creative work, or hobbies. Outside, enjoy a private backyard with a large deck perfect for entertaining or relaxing under the Texas sky. Zoned commercial but currently residential, this property opens the door for long-term value and lifestyle flexibilitywhether you're a homeowner, entrepreneur, or investor. All within walking distance to coffee shops, dining, and local boutiques.

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