110 Island Lodges LnBuchanan DamTX78609
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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 Buchanan Dam at 110 Island Lodges Ln, Buchanan Dam, TX, 78609 generates $2,034/mo in rent, after a $3,818/mo payment. Total monthly income is $2,034/mo. Return on cash invested sits at 3.63% in year one, and rental yield is 3.13% on a $780,000 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation builds toward $215,500 over five years. Five-year ROI reaches 16.74% and total cumulative return in cash sums $42,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,034/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78609, Buchanan Dam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 795 (54.0%) |
| Renter Occupied HU | 224 (15.2%) |
| Vacant Housing Units | 452 (30.7%) |
| Median Home Value | $362,500 |
| Average Home Value | $444,676 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
999
Multi-Family
0
Businesses
130
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Listed by: Ellen Burns • Coldwell Banker Realty
Mls Name: Unlock MLS
Mls ID: #4907018