1202 Grandon DrKilleenTX76541
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $160,000, 1202 Grandon Dr, Killeen, TX, 76541 in Killeen generates $1,206/mo in rent (9.04% yield) but nets only $46/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.68) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $44,205. Total projected return: $64,384.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $46 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,206 |
| Total Monthly Debt Service | $1,097 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
8,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76541, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 2,601 (24.4%) |
| Renter Occupied HU | 6,443 (60.3%) |
| Vacant Housing Units | 1,636 (15.3%) |
| Median Home Value | $99,519 |
| Average Home Value | $178,342 |
Housing Distribution
Address Breakdown
Residential
9,276
Single Family
6,817
Multi-Family
2,459
Businesses
1,146
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
Single Family
Built in 1971
8,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76541, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 2,601 (24.4%) |
| Renter Occupied HU | 6,443 (60.3%) |
| Vacant Housing Units | 1,636 (15.3%) |
| Median Home Value | $99,519 |
| Average Home Value | $178,342 |
Housing Distribution
Address Breakdown
Residential
9,276
Single Family
6,817
Multi-Family
2,459
Businesses
1,146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Keefe • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #90551873
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