20724 Camel Back StLago VistaTX78645
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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 Lago Vista at 20724 Camel Back St, Lago Vista, TX, 78645 generates $2,640/mo in rent, after a $3,411/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 7.85% in year one, and rental yield is 4.55% on a $697,000 entry. Equity gained on principal adds $4,498/yr, while 5% annual appreciation builds toward $192,568 over five years. Five-year ROI reaches 39.41% and total cumulative return in cash sums $90,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Housing Distribution
Address Breakdown
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
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Listed by: Deborah Rumfelt • Compass RE Texas, LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #545176
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.