704 S 1st 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 704 S 1st St, Copperas Cove, TX, 76522 offers $1,352/mo rent that, after a $734/mo payment, leaves $286/mo cash flow. Total monthly income is $1,352/mo, and annual cash flow is $3,426/yr on $49,725 cash. Return on cash invested measures 26.8% in year one, and rental yield stands at 10.82% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 141.02% and total cumulative return in cash reaches $70,122. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,352/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,405 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: Shelly Salas • Your Home SOLD Guaranteed Realty Shelly Salas
Mls Name: My State MLS
Mls ID: #11361140