529 Lela CirKeeneTX76059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 529 Lela Cir, Keene, TX, 76059 offers a 9.9% rental yield on a $355,000 purchase with $2,929/mo rent. Total monthly income registers $2,929/mo, and a $1,738/mo payment leaves $404/mo available for distribution. Annual cash flow reaches $4,849/yr on $117,683 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 126.19% and total cumulative return in cash at $148,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,929/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,488 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices