3030 MillhouseCopperas 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 3030 Millhouse, Copperas Cove, TX, 76522 priced at $484,900 converts $2,310/mo rent into after a $2,373/mo obligation. Total monthly income equals $2,310/mo. Return on cash invested prints 11.41% in year one, and rental yield reads 5.72% against a $484,900 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation compiles into $133,969 by year five. Five-year ROI reaches 58.52% and total cumulative return in cash sums $94,075. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $2,373/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.77 Acres 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: Lori Atkinson • Atkinson Real Estate
Mls Name: Central Texas MLS
Mls ID: #496624