697 Lantana DrKellerTX76248
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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
Investment Highlights
Investment property for sale in Keller at 697 Lantana Dr, Keller, TX, 76248 with 5% annual appreciation on a $245,000 basis while $1,890/mo rent supports operations. Total monthly income totals $1,890/mo and a $1,199/mo payment preserves $148/mo for cash returns. Annual cash flow comes to $1,775/yr on $81,218 deployed, and return on cash invested reaches 22.09% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 9.26%. Five-year ROI measures 115.76% and total cumulative return in cash totals $94,020.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,890/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
3,977 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76248, Keller, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,057
Single Family
13,036
Multi-Family
2,021
Businesses
926
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Listed by: Leslie Way • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20877719
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.