




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Canyon Lake at 1107 Rip Jay Cir, Canyon Lake, TX, 78133 offers a 11.78% rental yield on a $295,000 purchase with $2,897/mo rent. Total monthly income registers $2,897/mo, and a $1,444/mo payment leaves $740/mo available for distribution. Annual cash flow reaches $8,881/yr on $97,793 to close, and return on cash invested stands at 28.99% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 153.04% and total cumulative return in cash at $149,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,897/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
5,941 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
| 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 |
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Pending sale | $299,900 |
| 2025-05-05 | Contingent | $299,900 |
| 2025-04-29 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $5605.72 | 283.51% | $380,380 | 25.26% |
| 2023-06-26 | $1461.70 | -44.92% | $303,681 | 10.00% |
| 2022-06-26 | $2653.84 | -2.87% | $276,074 | 10.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A