2301 Riley 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
Investment property for sale in Killeen at 2301 Riley Dr, Killeen, TX, 76542 with 5% annual appreciation on a $239,900 basis while $2,064/mo rent supports operations. Total monthly income totals $2,064/mo and a $1,174/mo payment preserves $358/mo for cash returns. Annual cash flow comes to $4,299/yr on $79,527 deployed, and return on cash invested reaches 25.31% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 10.32%. Five-year ROI measures 133.07% and total cumulative return in cash totals $105,823.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,064/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
7,688 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
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Listed by: Christopher Mitchell • ERA Colonial Real Estate
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #545412
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.