








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Killeen at 408 Island Circle, Killeen, TX, 78639 priced at $1,620,000 converts $4,208/mo rent into after a $7,929/mo obligation. Total monthly income equals $4,208/mo. Return on cash invested prints 3.24% in year one, and rental yield reads 3.12% against a $1,620,000 entry. Equity gained on principal adds $10,454/yr, while 5% annual appreciation compiles into $447,576 by year five. Five-year ROI reaches 14.75% and total cumulative return in cash sums $77,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,208/mo property income covering a $7,929/mo payment, not borrower’s personal income.
Single Family
Built in 2015
4,356 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood data shown for ZIP Code: 78639, Kingsland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 3,061 (52.2%) |
| Renter Occupied HU | 1,088 (18.6%) |
| Vacant Housing Units | 1,713 (29.2%) |
| Median Home Value | $322,823 |
| Average Home Value | $453,524 |
Residential
4,516
Single Family
4,337
Multi-Family
179
Businesses
430
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $1,620,000 |
| 2024-10-24 | Listing removed | $1,699,000 |
| 2024-07-08 | Price change | $1,699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | $20066.25 | -9.83% | $1,436,841 | -9.06% |
| 2023-04-06 | $22253.19 | -4.83% | $1,580,000 | 10.01% |
| 2022-04-06 | $23381.77 | 81.51% | $1,436,250 | 87.74% |



Listed by: Greg McDonnell • Lake LBJ Partners
Mls Name: HLMLS
Mls Provider:
Mls ID: #172766
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.