1032 Blueridge DrCanyon LakeTX78133
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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 Canyon Lake at 1032 Blueridge Dr, Canyon Lake, TX, 78133 with 5% annual appreciation on a $273,280 basis while $2,102/mo rent supports operations. Total monthly income totals $2,102/mo and a $1,338/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,899/yr on $90,592 deployed, and return on cash invested reaches 22% in year one. Equity gained on principal adds $1,763/yr, and five-year appreciation sums $75,502 alongside rental yield of 9.23%. Five-year ROI measures 115.35% and total cumulative return in cash totals $104,495.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,102/mo property income versus a $1,338/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Housing Distribution
Address Breakdown
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
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Listed by: Genesis Ramos • Real Broker, LLC
Mls Name: LERA MLS
Mls ID: #1914059