1507 Spicewood CirHarker HeightsTX76548
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 Harker Heights at 1507 Spicewood Cir, Harker Heights, TX, 76548 generates $2,099/mo in rent and, after a $1,199/mo payment, leaves $357/mo in cash flow. Total monthly income is $2,099/mo, and annual cash flow is $4,286/yr on $81,184 invested. Return on cash invested sits at 25.19% in year one, and rental yield is 10.29% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 132.42% and total cumulative return in cash sums $107,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,099/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76548, Harker Heights, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 7,793 (57.9%) |
| Renter Occupied HU | 4,954 (36.8%) |
| Vacant Housing Units | 705 ( 5.2%) |
| Median Home Value | $305,751 |
| Average Home Value | $308,017 |
Housing Distribution
Address Breakdown
Residential
12,589
Single Family
12,008
Multi-Family
581
Businesses
970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly Salas • Your Home SOLD Guaranteed Realty Shelly Salas
Mls Name: My State MLS
Mls ID: #11583695