1906 Granex DrKilleenTX76542
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 1906 Granex Dr, Killeen, TX, 76542 priced at $250,000 converts $2,808/mo rent into $1,010/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,808/mo, and annual cash flow totals $12,118/yr on $82,875 invested. Return on cash invested prints 34.53% in year one, and rental yield reads 13.48% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 182.56% and total cumulative return in cash sums $151,294. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,808/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76542, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,339 (100%) |
| Owner Occupied HU | 12,784 (57.2%) |
| Renter Occupied HU | 8,447 (37.8%) |
| Vacant Housing Units | 1,108 ( 5.0%) |
| Median Home Value | $272,959 |
| Average Home Value | $309,173 |
Housing Distribution
Address Breakdown
Residential
21,493
Single Family
18,987
Multi-Family
2,506
Businesses
859
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Huy Nguyen • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #5952928
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.