405 Carothers StCopperas 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
Investment property for sale in Copperas Cove at 405 Carothers St, Copperas Cove, TX, 76522 with 5% annual appreciation on a $215,000 basis while $1,988/mo rent supports operations. Total monthly income totals $1,988/mo and a $1,052/mo payment preserves $459/mo for cash returns. Annual cash flow comes to $5,513/yr on $71,273 deployed, and return on cash invested reaches 27.64% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.1%. Five-year ROI measures 145.57% and total cumulative return in cash totals $103,753.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,988/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.30 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: Kaitlynn Knotts • Homestead Real Estate
Mls Name: Central Texas MLS
Mls ID: #585810