1186 Oakridge LnCanyon 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 1186 Oakridge Ln, Canyon Lake, TX, 78133 priced at $305,600 pairs $1,680/mo rent with after a $1,496/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 13.91% in year one, and rental yield stands at 6.6% on a $305,600 basis. Equity gained on principal adds $1,972/yr, and 5% annual appreciation accumulates to $84,432 by year five. Five-year ROI measures 71.97% and total cumulative return in cash reaches $72,906. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
$13 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
Listed by: N/A • N/A
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