2008 Shadow Ridge RdHarker 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
Rental property for sale in Harker Heights at 2008 Shadow Ridge Rd, Harker Heights, TX, 76548 priced at $338,500 pairs $2,656/mo rent with $239/mo cash flow after a $1,657/mo payment. Total monthly income equals $2,656/mo, and annual cash flow comes to $2,869/yr on $112,213 invested. Return on cash invested is 22.47% in year one, and rental yield stands at 9.42% on a $338,500 basis. Equity gained on principal adds $2,184/yr, and 5% annual appreciation accumulates to $93,521 by year five. Five-year ROI measures 117.84% and total cumulative return in cash reaches $132,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,656/mo property income against a $1,657/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
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: Jannyris Lugo Mendez • All City Real Estate
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #541383
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for 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. Copyright 2024 Central Texas MLS, All Rights Reserved.