601-603 Carrie AveKilleenTX76541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 601-603 Carrie Ave, Killeen, TX, 76541 generates $1,328/mo in rent, after a $1,022/mo payment. Total monthly income is $1,328/mo. Return on cash invested sits at 17.19% in year one, and rental yield is 7.63% on a $208,900 entry. Equity gained on principal adds $1,348/yr, while 5% annual appreciation builds toward $57,715 over five years. Five-year ROI reaches 89.44% and total cumulative return in cash sums $61,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,328/mo property income rather than buyer’s personal income.
Multi Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76541, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 2,601 (24.4%) |
| Renter Occupied HU | 6,443 (60.3%) |
| Vacant Housing Units | 1,636 (15.3%) |
| Median Home Value | $99,519 |
| Average Home Value | $178,342 |
Housing Distribution
Address Breakdown
Residential
9,276
Single Family
6,817
Multi-Family
2,459
Businesses
1,146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices