1703 High Way #281Johnson CityTX78636
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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 Johnson City at 1703 High Way #281, Johnson City, TX, 78636 earns from $2,424/mo rent with a $3,705/mo payment. Total monthly income totals $2,424/mo. ROI tracks 5.8% on current figures, and rental yield reads 3.84% at a $757,000 purchase. Equity gained on principal adds $4,885/yr, and 5% annual appreciation supports $209,145 over five years. Five-year ROI reaches 28.38% and total cumulative return in cash sums $70,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,424/mo property income instead of your personal income.
Manufactured
Built in 1995
14.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78636, Johnson City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,253 (58.4%) |
| Renter Occupied HU | 418 (19.5%) |
| Vacant Housing Units | 475 (22.1%) |
| Median Home Value | $501,150 |
| Average Home Value | $651,030 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,453
Multi-Family
0
Businesses
249
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Listed by: Michele Balentine • Fore Premier Properties
Mls Name: KVMLS
Mls ID: #115749
Disclaimer: Copyright Kerrville Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.