832 Olive LnHarker HeightsTX76548
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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 Harker Heights at 832 Olive Ln, Harker Heights, TX, 76548 priced at $399,900 converts $4,111/mo rent into $1,268/mo cash flow after a $1,957/mo obligation. Total monthly income equals $4,111/mo, and annual cash flow totals $15,211/yr on $132,567 invested. Return on cash invested prints 31.38% in year one, and rental yield reads 12.34% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 165.59% and total cumulative return in cash sums $219,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,111/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2015
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76548, Harker Heights, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 7,793 (57.9%) |
| Renter Occupied HU | 4,954 (36.8%) |
| Vacant Housing Units | 705 ( 5.2%) |
| Median Home Value | $305,751 |
| Average Home Value | $308,017 |
Housing Distribution
Address Breakdown
Residential
12,589
Single Family
12,008
Multi-Family
581
Businesses
970
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Listed by: Shelly Salas • Your Home SOLD Guaranteed Realty Shelly Salas
Mls Name: My State MLS
Mls ID: #11263521