15303 Water Oak WaySanta FeTX77517
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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 Santa Fe at 15303 Water Oak Way, Santa Fe, TX, 77517 uses $114,433 cash to close to unlock $5,788/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,690/mo payment keeps the spread at $482/mo. Purchase price stands at $345,199, and rental yield measures 10.43% with $3,000/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $95,372 over five years. Five-year ROI reaches 131.44% and total cumulative return in cash records $150,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,690/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,820 sqft lot
$N/A/sqft
$750 annually HOA
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Listed by: Teri Walter • K. Hovnanian Homes
Mls Name: HAR
Mls Provider:
Mls ID: #400290
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