214 Island Lodges DrKingslandTX78609
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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 Kingsland at 214 Island Lodges Dr, Kingsland, TX, 78609 priced at $700,000 converts $2,579/mo rent into after a $3,426/mo obligation. Total monthly income equals $2,579/mo. Return on cash invested prints 7.56% in year one, and rental yield reads 4.42% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 37.82% and total cumulative return in cash sums $87,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,579/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78609, Buchanan Dam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 795 (54.0%) |
| Renter Occupied HU | 224 (15.2%) |
| Vacant Housing Units | 452 (30.7%) |
| Median Home Value | $362,500 |
| Average Home Value | $444,676 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
999
Multi-Family
0
Businesses
130
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