1351 Canyon EdgeCanyon 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 1351 Canyon Edge, Canyon Lake, TX, 78133 listed at $347,700 pairs $3,338/mo rent with a $1,702/mo payment to leave $863/mo cash flow. Total monthly income runs $3,338/mo, and annual cash flow reaches $10,359/yr on $115,263 cash to close. Return on cash invested measures 28.9% in year one, and rental yield registers 11.52% at a $347,700 basis. Equity gained on principal adds $2,244/yr, and annual property appreciation at 5% supports $96,063 by year five. Five-year ROI tracks 152.28% and total cumulative return in cash totals $175,524. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,338/mo property income relative to a $1,702/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,139 sqft lot
$N/A/sqft
$24 annually 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: Elmer Salamanca • Houston House of Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #91966737
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.