








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Killeen at 914 Cherry Laurel Ln, Killeen, TX, 76543 generates $1,620/mo in rent, after a $1,860/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 9.41% in year one, and rental yield is 5.12% on a $379,990 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,984 over five years. Five-year ROI reaches 47.81% and total cumulative return in cash sums $60,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood data shown for ZIP Code: 76543, Killeen, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,571 (100%) |
| Owner Occupied HU | 5,566 (38.2%) |
| Renter Occupied HU | 7,475 (51.3%) |
| Vacant Housing Units | 1,530 (10.5%) |
| Median Home Value | $164,630 |
| Average Home Value | $234,803 |
Residential
13,914
Single Family
11,528
Multi-Family
2,386
Businesses
790
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Price change | $379,990 |
| 2025-01-15 | Price change | $399,990 |
| 2024-11-07 | Pending sale | $411,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Desmond Graham • The Graham Team
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #567114
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 2025 Central Texas MLS, All Rights Reserved.