162 Julie Lane LaneKingslandTX78639
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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
Rental property for sale in Kingsland at 162 Julie Lane Lane, Kingsland, TX, 78639 priced at $269,000 converts $1,554/mo rent into after a $1,317/mo obligation. Total monthly income equals $1,554/mo. Return on cash invested prints 15.07% in year one, and rental yield reads 6.93% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 78.13% and total cumulative return in cash sums $69,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,554/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78639, Kingsland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 3,061 (52.2%) |
| Renter Occupied HU | 1,088 (18.6%) |
| Vacant Housing Units | 1,713 (29.2%) |
| Median Home Value | $322,823 |
| Average Home Value | $453,524 |
Housing Distribution
Address Breakdown
Residential
4,516
Single Family
4,337
Multi-Family
179
Businesses
430
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Listed by: Timothy Hightower • eXp Realty, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #169955
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.