108 Schoolhouse LnSpicewoodTX78669
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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 Spicewood at 108 Schoolhouse Ln, Spicewood, TX, 78669 earns from $5,720/mo rent with a $6,583/mo payment. Total monthly income totals $5,720/mo. ROI tracks 9.78% on current figures, and rental yield reads 5.1% at a $1,345,000 purchase. Equity gained on principal adds $8,679/yr, and 5% annual appreciation supports $371,599 over five years. Five-year ROI reaches 49.68% and total cumulative return in cash sums $216,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,720/mo property income instead of your personal income.
Single Family
Built in 2023
4.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78669, Spicewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,686 (71.6%) |
| Renter Occupied HU | 637 ( 9.7%) |
| Vacant Housing Units | 1,218 (18.6%) |
| Median Home Value | $759,615 |
| Average Home Value | $852,653 |
Housing Distribution
Address Breakdown
Residential
5,910
Single Family
5,902
Multi-Family
8
Businesses
312
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