1576 Enchanted River DrBanderaTX78003
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 Bandera at 1576 Enchanted River Dr, Bandera, TX, 78003 earns from $1,758/mo rent with a $1,395/mo payment. Total monthly income totals $1,758/mo. ROI tracks 16.41% on current figures, and rental yield reads 7.4% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 85.34% and total cumulative return in cash sums $80,622. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,758/mo property income instead of your personal income.
Single Family
Built in 2019
0.31 Acres lot
$N/A/sqft
$77 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Barnett • Re-Homing Texas, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1803556
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.