303 Appaloosa DrCopperas CoveTX76522
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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 303 Appaloosa Dr, Copperas Cove, TX, 76522 priced at $180,000 converts $1,687/mo rent into $407/mo cash flow after a $881/mo obligation. Total monthly income equals $1,687/mo, and annual cash flow totals $4,884/yr on $59,670 invested. Return on cash invested prints 28.09% in year one, and rental yield reads 11.25% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 147.92% and total cumulative return in cash sums $88,265. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,687/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1993
7,200 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: Gabriele Zehr • Coldwell Banker Realty
Mls Name: Central Texas MLS
Mls ID: #592130