319 E 1st 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
Investment property for sale in Keene at 319 E 1st St, Keene, TX, 76059 uses $62,985 cash to close to unlock $2,026/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $1,520/mo, and a $930/mo payment keeps the spread at $169/mo. Purchase price stands at $190,000, and rental yield measures 9.6% with $1,520/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash records $76,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,520/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.38 Acres 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
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