205 Cabiness Dr #ATF8FOSaladoTX76571
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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 Salado at 205 Cabiness Dr #ATF8FO, Salado, TX, 76571 generates $2,868/mo in rent, after a $2,287/mo payment. Total monthly income is $2,868/mo. Return on cash invested sits at 16.39% in year one, and rental yield is 7.37% on a $467,200 entry. Equity gained on principal adds $3,015/yr, while 5% annual appreciation builds toward $129,079 over five years. Five-year ROI reaches 85.17% and total cumulative return in cash sums $131,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,868/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
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