1605 ColonnehHorseshoe BayTX78657
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
Rental property for sale in Horseshoe Bay at 1605 Colonneh, Horseshoe Bay, TX, 78657 offers $1,312/mo rent that, after a $803/mo payment, leaves $145/mo cash flow. Total monthly income is $1,312/mo, and annual cash flow is $1,746/yr on $54,366 cash. Return on cash invested measures 23.12% in year one, and rental yield stands at 9.6% at a $164,000 entry. Equity gained on principal adds $1,058/yr while 5% annual appreciation compounds into $45,310 by year five. Five-year ROI records 121.33% and total cumulative return in cash reaches $65,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,312/mo property income versus a $803/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,411 (100%) |
| Owner Occupied HU | 2,766 (51.1%) |
| Renter Occupied HU | 668 (12.3%) |
| Vacant Housing Units | 1,977 (36.5%) |
| Median Home Value | $484,739 |
| Average Home Value | $688,625 |
Housing Distribution
Address Breakdown
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana L Yarter • RE/MAX of Marble Falls
Mls Name: HLMLS
Mls ID: #173389