20 N IowaIndian LakeTX78566
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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 Indian Lake at 20 N Iowa, Indian Lake, TX, 78566 uses $81,218 cash to close to unlock $1,415/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $1,199/mo payment keeps the spread at $118/mo. Purchase price stands at $245,000, and rental yield measures 9.11% with $1,860/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 113.37% and total cumulative return in cash records $92,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78566, Los Fresnos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,082 (100%) |
| Owner Occupied HU | 5,509 (68.2%) |
| Renter Occupied HU | 1,741 (21.5%) |
| Vacant Housing Units | 832 (10.3%) |
| Median Home Value | $195,583 |
| Average Home Value | $229,252 |
Housing Distribution
Address Breakdown
Residential
7,490
Single Family
7,490
Multi-Family
0
Businesses
341
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Listed by: Julia Rojo Hernandez • RCR Real Connect Realty
Mls Name: RGVMLS
Mls ID: #29770659