203 E CastleshoalsGranite ShoalsTX78654
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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
Rental property for sale in Granite Shoals at 203 E Castleshoals, Granite Shoals, TX, 78654 offers $1,161/mo rent that, after a $710/mo payment, leaves $130/mo cash flow. Total monthly income is $1,161/mo, and annual cash flow is $1,555/yr on $48,068 cash. Return on cash invested measures 23.14% in year one, and rental yield stands at 9.61% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 121.45% and total cumulative return in cash reaches $58,376. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,161/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78654, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 6,426 (59.0%) |
| Renter Occupied HU | 2,755 (25.3%) |
| Vacant Housing Units | 1,715 (15.7%) |
| Median Home Value | $376,664 |
| Average Home Value | $517,656 |
Housing Distribution
Address Breakdown
Residential
9,263
Single Family
8,625
Multi-Family
638
Businesses
1,341
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Listed by: Chantielle Givens • Crossings Real Estate, LLC
Mls Name: HLMLS
Mls ID: #175675