1429 Lindsey DrCopperas CoveTX76522
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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 Copperas Cove at 1429 Lindsey Dr, Copperas Cove, TX, 76522 offers a 13.3% rental yield on a $275,390 purchase with $3,053/mo rent. Total monthly income registers $3,053/mo, and a $1,348/mo payment leaves $1,095/mo available for distribution. Annual cash flow reaches $13,135/yr on $91,292 to close, and return on cash invested stands at 34.3% in year one. Equity gained on principal adds $1,777/yr while 5% annual appreciation supports $76,085 over five years. Portfolio math shows five-year ROI at 181.21% and total cumulative return in cash at $165,433. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,053/mo property income against a $1,348/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,257 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76522, Copperas Cove, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,185 (100%) |
| Owner Occupied HU | 9,916 (54.5%) |
| Renter Occupied HU | 6,872 (37.8%) |
| Vacant Housing Units | 1,397 ( 7.7%) |
| Median Home Value | $204,995 |
| Average Home Value | $224,777 |
Housing Distribution
Address Breakdown
Residential
17,292
Single Family
16,542
Multi-Family
750
Businesses
930
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Listed by: Ronald Bo Holloman • Hallmark Real Estate Services
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #543296
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.