Killeen, TX — Rental Investment Analysis

🟢GOODsolid returns

Cap Rate

6.1%

Above average

Monthly Cash Flow

-$62

After all expenses

Price-to-Rent

10.6

Investor-friendly

DSCR

0.96

Fails

📊 Key Metrics

Median Home Price
$202,727
Average Rent (3BR)
$1,590/mo
Price-to-Rent Ratio
10.6(good)
1% Rule
0.80%(fails — need 1%+)
Cash-on-Cash Return
-1.2%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.3%(0% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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Property Tax Rate

1.68%

of assessed value (TX avg)

Median Income

$67,321

household (TX avg)

Rent-to-Income

28.3%

Affordable

Section 8 Max Rent

$1,590/mo

3BR voucher payment

🏛️ TX Investor Climate

Landlord Friendly

9/10

State Income Tax

✅ None

Property Tax

1.68% effective

Population Trend

+1.5% (3yr)

🏘️ Best Zip Codes in Killeen for Investors

76541
Cap Rate: 9.4%Cash Flow: +$315/mo$124,769
76543
Cap Rate: 6.8%Cash Flow: +$53/mo$177,073
76549
Cap Rate: 5.5%Cash Flow: -$178/mo$228,382

All Zip Codes in Killeen

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
765419.4%+$315$124,769$1,410/mo1.47
765436.8%+$53$177,073$1,520/mo1.06
765495.5%-$178$228,382$1,660/mo0.85
765424.7%-$354$258,096$1,690/mo0.74