1742 Paradise PkwyCanyon LakeTX78133
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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
Total monthly income runs $3,840/mo, and a $3,279/mo payment. Purchase price stands at $670,000, and rental yield measures 6.88% with $3,840/mo rent. Return on cash invested shows 15.03% in year one, and 5% annual appreciation builds toward $185,109 over five years. Five-year ROI reaches 77.85% and total cumulative return in cash records $171,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Housing Distribution
Address Breakdown
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
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Listed by: James Chapa • eXp Realty
Mls Name: LERA MLS
Mls ID: #1924827