1701 Elk TrlHarker HeightsTX76548
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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 Harker Heights at 1701 Elk Trl, Harker Heights, TX, 76548 offers a 8.59% rental yield on a $275,000 purchase with $1,968/mo rent. Total monthly income registers $1,968/mo, and a $1,346/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $149/yr on $91,163 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 104.95% and total cumulative return in cash at $95,675. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,968/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.32 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
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Listed by: Daniela Aguirre • Sweetwaters Realty Llc
Mls Name: Central Texas MLS
Mls ID: #600434