175 Caspian LnDriftwoodTX78619
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 Driftwood at 175 Caspian Ln, Driftwood, TX, 78619 offers $5,113/mo rent that, after a $7,219/mo payment. Total monthly income is $5,113/mo. Return on cash invested measures 6.54% in year one, and rental yield stands at 4.16% at a $1,475,000 entry. Equity gained on principal adds $9,518/yr while 5% annual appreciation compounds into $407,515 by year five. Five-year ROI records 32.4% and total cumulative return in cash reaches $154,846. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,113/mo property income versus a $7,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.56 Acres lot
$N/A/sqft
$133 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78619, Driftwood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,476 (100%) |
| Owner Occupied HU | 2,132 (86.1%) |
| Renter Occupied HU | 201 ( 8.1%) |
| Vacant Housing Units | 143 ( 5.8%) |
| Median Home Value | $830,838 |
| Average Home Value | $913,539 |
Housing Distribution
Address Breakdown
Residential
2,401
Single Family
2,401
Multi-Family
0
Businesses
150
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Listed by: Kathleen Magat • Douglas Elliman Real Estate
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2373738
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-04-02 14:39:24 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)