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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% |
Rental property for sale in Keene at 409 S College Dr, Keene, TX, 76059 priced at $180,000 pairs $1,362/mo rent with $82/mo cash flow after a $881/mo payment. Total monthly income equals $1,362/mo, and annual cash flow comes to $984/yr on $59,670 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 9.08% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 112.89% and total cumulative return in cash reaches $67,361. For financing, Ziffy Mortgage’s DSCR program evaluates $1,362/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.76 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-07-12 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-12 | N/A | N/A | $74,338 | N/A |
| 2023-07-12 | $1758.21 | -6.07% | $74,338 | N/A |
| 2022-07-12 | $1871.91 | -3.33% | $74,338 | N/A |
Listed by: Dalena Spencer • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #20997334
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.
