1010 Barbarosa RdCanyon LakeTX78130
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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 Canyon Lake at 1010 Barbarosa Rd, Canyon Lake, TX, 78130 priced at $600,000 converts $3,127/mo rent into after a $2,937/mo obligation. Total monthly income equals $3,127/mo. Return on cash invested prints 13.13% in year one, and rental yield reads 6.25% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 67.67% and total cumulative return in cash sums $133,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,127/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,037 (100%) |
| Owner Occupied HU | 27,457 (59.6%) |
| Renter Occupied HU | 13,981 (30.4%) |
| Vacant Housing Units | 4,599 ( 10.0%) |
| Median Home Value | $346,647 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
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Listed by: Ronald Spencer • Robert Slack LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #533928
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 2024 Central Texas MLS, All Rights Reserved.