2 Cliffhouse Dr APT 313BeltonTX76513
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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 Belton at 2 Cliffhouse Dr APT 313, Belton, TX, 76513 uses $54,333 cash to close to unlock $7,384/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $802/mo payment keeps the spread at $615/mo. Purchase price stands at $163,900, and rental yield measures 14.89% with $2,034/mo rent. Return on cash invested shows 33.5% in year one, and 5% annual appreciation builds toward $45,283 over five years. Five-year ROI reaches 179.01% and total cumulative return in cash records $97,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $802/mo payment rather than investor’s personal income.
Condo
Built in 1972
1,829 sqft lot
$N/A/sqft
$760 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Housing Distribution
Address Breakdown
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
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Listed by: Stacy Belmontes • Phillips & Associates Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #555355
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.