506 Red Oak DrCopperas 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 506 Red Oak Dr, Copperas Cove, TX, 76522 priced at $269,900 converts $2,124/mo rent into $205/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,124/mo, and annual cash flow totals $2,457/yr on $89,472 invested. Return on cash invested prints 22.65% in year one, and rental yield reads 9.44% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 118.77% and total cumulative return in cash sums $106,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,124/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,637 sqft 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: Oraya Fernandez • Real Broker
Mls Name: Central Texas MLS
Mls ID: #602847