905 Ballard DrCopperas 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
Investment property for sale in Copperas Cove at 905 Ballard Dr, Copperas Cove, TX, 76522 uses $79,229 cash to close to unlock $1,707/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,842/mo, and a $1,170/mo payment keeps the spread at $142/mo. Purchase price stands at $239,000, and rental yield measures 9.25% with $1,842/mo rent. Return on cash invested shows 22.06% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 115.64% and total cumulative return in cash records $91,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,842/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1993
9,147 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: #11554071