613 Cedar 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
Investment property for sale in Copperas Cove at 613 Cedar Dr, Copperas Cove, TX, 76522 listed at $242,500 pairs $1,887/mo rent with a $1,187/mo payment to leave $162/mo cash flow. Total monthly income runs $1,887/mo, and annual cash flow reaches $1,950/yr on $80,389 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 9.34% at a $242,500 basis. Equity gained on principal adds $1,565/yr, and annual property appreciation at 5% supports $66,998 by year five. Five-year ROI tracks 117.07% and total cumulative return in cash totals $94,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,887/mo property income relative to a $1,187/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.34 Acres 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: Jacob Martinez • JPAR
Mls Name: Central Texas MLS
Mls ID: #599034