2040 Overhill StCanyon 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
Investment property for sale in Canyon Lake at 2040 Overhill St, Canyon Lake, TX, 78133 uses $43,095 cash to close to unlock $982/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $1,008/mo, and a $636/mo payment keeps the spread at $82/mo. Purchase price stands at $130,000, and rental yield measures 9.3% with $1,008/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 116.32% and total cumulative return in cash records $50,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,008/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
10,441 sqft lot
$N/A/sqft
$2 monthly 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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