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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Canyon Lake at 153 Watts Ln UNIT 6, Canyon Lake, TX, 78133 offers $5,118/mo rent that, after a $1,957/mo payment, leaves $2,150/mo cash flow. Total monthly income is $5,118/mo, and annual cash flow is $25,795/yr on $132,567 cash. Return on cash invested measures 39.37% in year one, and rental yield stands at 15.36% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 208.81% and total cumulative return in cash reaches $276,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,118/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
0.59 Acres lot
$N/A/sqft
$125 monthly HOA
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
| 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 |
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
Date | Event | Price |
|---|---|---|
| 2024-05-23 | Price change | $399,900 |
| 2024-04-15 | Listed for sale | $409,900 |
| 2023-07-25 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melodie Vise • Fathom Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1766896
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.
