1031 Water Park RdWimberleyTX78676
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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 Wimberley at 1031 Water Park Rd, Wimberley, TX, 78676 offers a 2.56% rental yield on a $1,239,000 purchase with $2,640/mo rent. 92% in year one. Equity gained on principal adds $7,995/yr while 5% annual appreciation supports $342,313 over five years. Portfolio math shows five-year ROI at 7.54% and total cumulative return in cash at $30,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $6,064/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
4.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78676, Wimberley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,437 (100%) |
| Owner Occupied HU | 5,292 (71.2%) |
| Renter Occupied HU | 1,196 (16.1%) |
| Vacant Housing Units | 949 (12.8%) |
| Median Home Value | $535,683 |
| Average Home Value | $693,759 |
Housing Distribution
Address Breakdown
Residential
6,674
Single Family
6,602
Multi-Family
72
Businesses
790
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