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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 705 Elaine St, Keller, TX, 76248 priced at $795,000 pairs $6,992/mo rent with $1,339/mo cash flow after a $3,891/mo payment. Total monthly income equals $6,992/mo, and annual cash flow comes to $16,065/yr on $261,555 invested. Return on cash invested is 26.2% in year one, and rental yield stands at 10.55% on a $795,000 basis. Equity gained on principal adds $5,130/yr, and 5% annual appreciation accumulates to $219,644 by year five. Five-year ROI measures 137.77% and total cumulative return in cash reaches $360,346. For financing, Ziffy Mortgage’s DSCR program evaluates $6,992/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.71 Acres 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 |
|---|---|---|
| 2024-06-28 | Listed for sale | $795,000 |
| 2024-04-10 | Listing removed | N/A |
| 2024-03-15 | Listed for sale | $785,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $9501.74 | -12.99% | $655,000 | 22.35% |
| 2022-08-31 | $10920.69 | -1.67% | $535,331 | 4.97% |
| 2021-08-31 | $11106.36 | 12.48% | $510,000 | 14.32% |
Listed by: Tammy Gill • All City Real Estate Ltd. Co.
Mls Name: NTREIS
Mls ID: #20659026
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.
