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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 702 John Thomas Dr, Keene, TX, 76059 offers $3,182/mo rent that, after a $1,859/mo payment, leaves $481/mo cash flow. Total monthly income is $3,182/mo, and annual cash flow is $5,771/yr on $125,937 cash. Return on cash invested measures 24.49% in year one, and rental yield stands at 10.05% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 128.61% and total cumulative return in cash reaches $161,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,182/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.46 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Yasmin Henderson • Texas Royalty Real Estate
Mls Name: NTREIS
Mls ID: #20960828
