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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 Keller at 616 Monterey Dr, Keller, TX, 76248 priced at $425,000 pairs $3,754/mo rent with $732/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,754/mo, and annual cash flow comes to $8,783/yr on $140,888 invested. Return on cash invested is 26.14% in year one, and rental yield stands at 10.6% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 137.47% and total cumulative return in cash reaches $193,673. For financing, Ziffy Mortgage’s DSCR program evaluates $3,754/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76248, Keller, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,118 (100%) |
| Owner Occupied HU | 11,544 (76.4%) |
| Renter Occupied HU | 3,205 (21.2%) |
| Vacant Housing Units | 369 ( 2.4%) |
| Median Home Value | $532,964 |
| Average Home Value | $597,549 |
Residential
15,057
Single Family
13,036
Multi-Family
2,021
Businesses
926
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $1496.12 | -54.28% | $382,167 | -18.29% |
| 2023-04-03 | $3272.28 | -2.95% | $467,699 | 30.24% |
| 2022-04-03 | $3371.78 | 1.72% | $359,118 | 2.29% |
Listed by: Kim Assaad • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20891943
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.
