1202 Grandon DrKilleenTX76541
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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 Killeen at 1202 Grandon Dr, Killeen, TX, 76541 uses $53,040 cash to close to unlock $551/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,206/mo, and a $783/mo payment keeps the spread at $46/mo. Purchase price stands at $160,000, and rental yield measures 9.04% with $1,206/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 109.8% and total cumulative return in cash records $58,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,206/mo property income covering a $783/mo payment rather than investor’s personal income.
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
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Listed by: Lisa Keefe • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #90551873
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