104 Kipapa CtBastropTX78602
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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 Bastrop at 104 Kipapa Ct, Bastrop, TX, 78602 offers a 9.11% rental yield on a $398,000 purchase with $3,022/mo rent. Total monthly income registers $3,022/mo, and a $1,948/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,301/yr on $131,937 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $2,568/yr while 5% annual appreciation supports $109,960 over five years. Portfolio math shows five-year ROI at 113.41% and total cumulative return in cash at $149,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,022/mo property income against a $1,948/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Housing Distribution
Address Breakdown
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
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