1506 Shims BlvdKilleenTX76543
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
Investment Highlights
Rental property for sale in Killeen at 1506 Shims Blvd, Killeen, TX, 76543 offers $1,689/mo rent that, after a $1,184/mo payment. Total monthly income is $1,689/mo. Return on cash invested measures 19.44% in year one, and rental yield stands at 8.38% at a $242,000 entry. Equity gained on principal adds $1,562/yr while 5% annual appreciation compounds into $66,860 by year five. Five-year ROI records 101.54% and total cumulative return in cash reaches $81,462. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,689/mo property income versus a $1,184/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76543, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,571 (100%) |
| Owner Occupied HU | 5,566 (38.2%) |
| Renter Occupied HU | 7,475 (51.3%) |
| Vacant Housing Units | 1,530 (10.5%) |
| Median Home Value | $164,630 |
| Average Home Value | $234,803 |
Housing Distribution
Address Breakdown
Residential
13,914
Single Family
11,528
Multi-Family
2,386
Businesses
790
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