504 Colonial LnKilleenTX76543
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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 504 Colonial Ln, Killeen, TX, 76543 priced at $169,995 pairs $1,548/mo rent with $299/mo cash flow after a $832/mo payment. Total monthly income equals $1,548/mo, and annual cash flow comes to $3,586/yr on $56,353 invested. Return on cash invested is 26.27% in year one, and rental yield stands at 10.93% on a $169,995 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,966 by year five. Five-year ROI measures 138.47% and total cumulative return in cash reaches $78,032. For financing, Ziffy Mortgage’s DSCR program evaluates $1,548/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
7,396 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76543, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,571 (100%) |
| Owner Occupied HU | 5,566 (38.2%) |
| Renter Occupied HU | 7,475 (51.3%) |
| Vacant Housing Units | 1,530 (10.5%) |
| Median Home Value | $164,630 |
| Average Home Value | $234,803 |
Housing Distribution
Address Breakdown
Residential
13,914
Single Family
11,528
Multi-Family
2,386
Businesses
790
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Listed by: Vernon MacHardy • Coldwell Banker Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #562409
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.