206 E Washington AveCopperas CoveTX76522
Nearby investment properties with comparable rents
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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 Copperas Cove at 206 E Washington Ave, Copperas Cove, TX, 76522 priced at $364,900 converts $1,448/mo rent into after a $1,786/mo obligation. Total monthly income equals $1,448/mo. Return on cash invested prints 8.53% in year one, and rental yield reads 4.76% against a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,815 by year five. Five-year ROI reaches 43.07% and total cumulative return in cash sums $52,104. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,448/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Multi Family
Built in 2024
8,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76522, Copperas Cove, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,185 (100%) |
| Owner Occupied HU | 9,916 (54.5%) |
| Renter Occupied HU | 6,872 (37.8%) |
| Vacant Housing Units | 1,397 ( 7.7%) |
| Median Home Value | $204,995 |
| Average Home Value | $224,777 |
Housing Distribution
Address Breakdown
Residential
17,292
Single Family
16,542
Multi-Family
750
Businesses
930
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Listed by: Jack Smith • Donlie McMullin Realty
Mls Name: Central Texas MLS
Mls ID: #593961