140 LAKE TERRACE DRLakehillsTX78063
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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 Lakehills at 140 LAKE TERRACE DR, Lakehills, TX, 78063 uses $81,218 cash to close to unlock $335/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,199/mo payment keeps the spread at $28/mo. Purchase price stands at $245,000, and rental yield measures 8.67% with $1,770/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 106.25% and total cumulative return in cash records $86,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 2012
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78063, Pipe Creek, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 3,617 (70.4%) |
| Renter Occupied HU | 497 ( 9.7%) |
| Vacant Housing Units | 1,026 (20.0%) |
| Median Home Value | $287,675 |
| Average Home Value | $360,341 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
2,678
Multi-Family
1,334
Businesses
250
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Listed by: Katheryn Powers • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1822975
Disclaimer: 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.