1185 PARKVIEW DR UNIT D22Canyon 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
Total monthly income runs $1,922/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 7.1% with $1,922/mo rent. Return on cash invested shows 12.84% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 67.16% and total cumulative return in cash records $72,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$245 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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Listed by: Cody Cravens • JB Goodwin, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1827160
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