2013 Purple Martin DrKilleenTX76542
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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 Killeen at 2013 Purple Martin Dr, Killeen, TX, 76542 offers $3,826/mo rent that, after a $1,953/mo payment, leaves $989/mo cash flow. Total monthly income is $3,826/mo, and annual cash flow is $11,863/yr on $132,269 cash. Return on cash invested measures 28.88% in year one, and rental yield stands at 11.51% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 152.16% and total cumulative return in cash reaches $201,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,826/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.50 Acres 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
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Listed by: Tracy Davis-Wilson • OnDemand Realty
Mls Name: NTREIS
Mls ID: #20661135
Disclaimer: 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.