1256 Cougar Dr APT 6Canyon LakeTX78133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Canyon Lake at 1256 Cougar Dr APT 6, Canyon Lake, TX, 78133 offers a 7.69% rental yield on a $245,900 purchase with $1,576/mo rent. 85% in year one. Equity gained on principal adds $1,587/yr while 5% annual appreciation supports $67,938 over five years. Portfolio math shows five-year ROI at 72.85% and total cumulative return in cash at $59,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $1,204/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
1.43 Acres lot
$N/A/sqft
$715 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamra Duarte • Keller Williams Realty-RR
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #576489
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Central Texas MLS, All Rights Reserved.