104 Cove E #207Horseshoe BayTX78657
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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 Horseshoe Bay at 104 Cove E #207, Horseshoe Bay, TX, 78657 offers a 7.73% rental yield on a $559,000 purchase with $3,600/mo rent. 61% in year one. Equity gained on principal adds $3,607/yr while 5% annual appreciation supports $154,441 over five years. Portfolio math shows five-year ROI at 91.7% and total cumulative return in cash at $168,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,411 (100%) |
| Owner Occupied HU | 2,766 (51.1%) |
| Renter Occupied HU | 668 (12.3%) |
| Vacant Housing Units | 1,977 (36.5%) |
| Median Home Value | $484,739 |
| Average Home Value | $688,625 |
Housing Distribution
Address Breakdown
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
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Listed by: Nicole M Scott • Horseshoe Bay Resort Realty
Mls Name: HLMLS
Mls ID: #175897