1206 Hi Stirrup #300Horseshoe BayTX78657
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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
Investment property for sale in Horseshoe Bay at 1206 Hi Stirrup #300, Horseshoe Bay, TX, 78657 uses $49,725 cash to close to unlock $714/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,126/mo, and a $734/mo payment keeps the spread at $60/mo. Purchase price stands at $150,000, and rental yield measures 9.01% with $1,126/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 111.77% and total cumulative return in cash records $55,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,126/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1977
1,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,411 (100%) |
| Owner Occupied HU | 2,766 (51.1%) |
| Renter Occupied HU | 668 (12.3%) |
| Vacant Housing Units | 1,977 (36.5%) |
| Median Home Value | $484,739 |
| Average Home Value | $688,625 |
Housing Distribution
Address Breakdown
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
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Listed by: Kenneth Van Slyke • Resident Realty, LTD.
Mls Name: HLMLS
Mls ID: #173966