708 S Main 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 708 S Main St, Copperas Cove, TX, 76522 priced at $215,000 converts $1,543/mo rent into $14/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,543/mo, and annual cash flow totals $173/yr on $71,273 invested. Return on cash invested prints 20.15% in year one, and rental yield reads 8.61% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 105.4% and total cumulative return in cash sums $75,121. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,543/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1956
10,541 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: Matthew Winstead • Homestead Real Estate
Mls Name: Central Texas MLS
Mls ID: #602472