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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% |
Investment property for sale in Keene at 408 Molly Ln, Keene, TX, 76059 with 5% annual appreciation on a $399,000 basis while $3,281/mo rent supports operations. Total monthly income totals $3,281/mo and a $1,953/mo payment preserves $422/mo for cash returns. Annual cash flow comes to $5,063/yr on $132,269 deployed, and return on cash invested reaches 23.74% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 9.87%. Five-year ROI measures 124.65% and total cumulative return in cash totals $164,870.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,281/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
6,011 sqft lot
$N/A/sqft
$260 annually 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 |
|---|---|---|
| 2025-09-08 | Listed for sale | $399,000 |
| 2025-08-14 | Listing removed | $399,000 |
| 2025-07-20 | Price change | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-08 | N/A | N/A | $364,015 | 75.17% |
| 2023-09-08 | $4461.67 | 243.38% | $207,807 | 302.73% |
| 2022-09-08 | $1299.34 | 42.51% | $51,600 | 47.43% |
Listed by: LaCosta Garr • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20977995
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.
