702 N 2nd StCopperas CoveTX76522
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow702 N 2nd St, Copperas Cove, TX, 76522 in Copperas Cove is a solid income-producing rental, 10.72% gross yield, $1,428/mo rent, $291/mo net cash flow on a $159,900 buy. DSCR 1.99 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $44,177 and $1,473/yr in principal reduction project a total cumulative return of $80,023.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $291 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,428 |
| Total Monthly Debt Service | $1,073 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
6,141 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
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
Single Family
Built in 1962
6,141 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Unlock MLS
Mls ID: #5446211