1087 Driftwind 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
Rental property for sale in Canyon Lake at 1087 Driftwind Dr, Canyon Lake, TX, 78133 priced at $421,800 pairs $2,083/mo rent with after a $2,065/mo payment. Total monthly income equals $2,083/mo. Return on cash invested is 12.02% in year one, and rental yield stands at 5.93% on a $421,800 basis. Equity gained on principal adds $2,722/yr, and 5% annual appreciation accumulates to $116,536 by year five. Five-year ROI measures 61.79% and total cumulative return in cash reaches $86,396. For financing, Ziffy Mortgage’s DSCR program evaluates $2,083/mo property income against a $2,065/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
7,710 sqft lot
$N/A/sqft
$2 monthly 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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Nearby investment properties with comparable prices
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