308 N 22nd StKilleenTX76541
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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 308 N 22nd St, Killeen, TX, 76541 priced at $1,563,200 converts $706/mo rent into after a $7,651/mo obligation. Total monthly income equals $706/mo. Return on cash invested prints -4.29% in year one, and rental yield reads 0.54% against a $1,563,200 entry. Equity gained on principal adds $10,087/yr, while 5% annual appreciation compiles into $431,883 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $706/mo property income covering a $7,651/mo payment, not borrower’s personal income.
Multi Family
Built in 1971
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76541, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 2,601 (24.4%) |
| Renter Occupied HU | 6,443 (60.3%) |
| Vacant Housing Units | 1,636 (15.3%) |
| Median Home Value | $99,519 |
| Average Home Value | $178,342 |
Housing Distribution
Address Breakdown
Residential
9,276
Single Family
6,817
Multi-Family
2,459
Businesses
1,146
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Listed by: Keith Auten • Auten Realty LLC
Mls Name: NTREIS
Mls ID: #20641249
Disclaimer: 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.