707 W Vega LnKilleenTX76542
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 707 W Vega Ln, Killeen, TX, 76542 generates $2,640/mo in rent and, after a $1,136/mo payment, leaves $990/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $11,877/yr on $76,908 invested. Return on cash invested sits at 35.35% in year one, and rental yield is 13.66% on a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 186.86% and total cumulative return in cash sums $143,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
8,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76542, Killeen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,339 (100%) |
| Owner Occupied HU | 12,784 (57.2%) |
| Renter Occupied HU | 8,447 (37.8%) |
| Vacant Housing Units | 1,108 ( 5.0%) |
| Median Home Value | $272,959 |
| Average Home Value | $309,173 |
Housing Distribution
Address Breakdown
Residential
21,493
Single Family
18,987
Multi-Family
2,506
Businesses
859
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luke Farmer • Gold Medal Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #554960
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.