509 Houston 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
Rental property for sale in Copperas Cove at 509 Houston St, Copperas Cove, TX, 76522 priced at $196,900 pairs $2,446/mo rent with $1,046/mo cash flow after a $964/mo payment. Total monthly income equals $2,446/mo, and annual cash flow comes to $12,546/yr on $65,272 invested. Return on cash invested is 39.13% in year one, and rental yield stands at 14.91% on a $196,900 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,400 by year five. Five-year ROI measures 207.17% and total cumulative return in cash reaches $135,223. For financing, Ziffy Mortgage’s DSCR program evaluates $2,446/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
8,537 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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Nearby investment properties with comparable prices
Listed by: Robert Herrings • Century 21 Premier Realtors
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #545073
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.