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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Harker Heights at 1919 Merlin Dr, Harker Heights, TX, 76548 priced at $269,900 pairs $3,060/mo rent with $1,141/mo cash flow after a $1,321/mo payment. Total monthly income equals $3,060/mo, and annual cash flow comes to $13,689/yr on $89,472 invested. Return on cash invested is 35.21% in year one, and rental yield stands at 13.61% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 186.1% and total cumulative return in cash reaches $166,506. For financing, Ziffy Mortgage’s DSCR program evaluates $3,060/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76548, Harker Heights, TX area.
| 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 |
Residential
12,589
Single Family
12,008
Multi-Family
581
Businesses
970
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Listed for sale | $269,900 |
| 2018-11-27 | Sold | N/A |
| 2018-10-22 | Pending sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-02 | N/A | N/A | $242,460 | 10.00% |
| 2022-09-02 | $619.72 | N/A | $220,418 | 10.00% |
| 2021-09-02 | N/A | N/A | $200,380 | 7.66% |
Listed by: Shelly Salas • Your Home SOLD Guaranteed Realty Shelly Salas
Mls Name: My State MLS
Mls ID: #11332288
