457 Elyse Rd, Keene, TX, 76059 | $214/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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457 Elyse Rd, Keene, TX, 76059 | $214/mo Cash Flow | Ziffy

For Sale

Currently Rented

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

Rental property for sale in Keene at 457 Elyse Rd, Keene, TX, 76059 priced at $299,000 pairs $2,340/mo rent with $214/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $2,571/yr on $99,119 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 9.39% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 117.99% and total cumulative return in cash reaches $116,950. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2021

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

A pre-owned must see in the new Bristol Oaks subdivision. Brick , Beautiful 3 bedroom 2 bathroom home with open floor plan, Granite counters in the kitchen and Bathrooms, family room has beautiful stone fireplace room to enjoy your family time. Door from the family room to the back yard allows easy access for you to sit out in the evenings and morning with a cup of coffee or glass of your favorite drink or kids to play. Kitchen with island with electric available on the island , cook top, oven and microwave. This will be your favorite place to visit with friends and family while trying new recipes, entertaining. Lots of cabinets for storage , separate pantry. Primary Bathroom has separate shower and garden tub. private water closet. Split bedroom arrangement. there is a Sprinkler system for your yard, front yard is landscaped however you can make it your own landscaping. Double car garage. The home owner Association is $250 Annually. The home was leased for a year while still on the market! Buyer and Buyers Realtor to verify Taxes, Schools and HOA policy's.

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