104 Cove E Unit 102Horseshoe BayTX78657
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Unit 102, Horseshoe Bay, TX, 78657 offers a 8.13% rental yield on a $555,000 purchase with $3,762/mo rent. 06% in year one. Equity gained on principal adds $3,581/yr while 5% annual appreciation supports $153,336 over five years. Portfolio math shows five-year ROI at 84.38% and total cumulative return in cash at $154,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,762/mo property income against a $2,716/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$425 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Wood • eXp Realty, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #172335
Disclaimer: 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.