2308 Basalt DrKilleenTX76549
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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 2308 Basalt Dr, Killeen, TX, 76549 generates $1,830/mo in rent and, after a $1,095/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,830/mo, and annual cash flow is $2,870/yr on $74,157 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 9.82% on a $223,700 entry. Equity gained on principal adds $1,444/yr, while 5% annual appreciation builds toward $61,804 over five years. Five-year ROI reaches 124.86% and total cumulative return in cash sums $92,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,830/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7,718 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76549, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,404 (100%) |
| Owner Occupied HU | 11,357 (50.7%) |
| Renter Occupied HU | 9,942 (44.4%) |
| Vacant Housing Units | 1,105 ( 4.9%) |
| Median Home Value | $235,442 |
| Average Home Value | $274,357 |
Housing Distribution
Address Breakdown
Residential
21,114
Single Family
19,798
Multi-Family
1,316
Businesses
622
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