217 Choke Canyon Cv, Belton, TX, 76513 | $161/mo Cash Flow

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217 Choke Canyon Cv, Belton, TX, 76513 | $161/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Belton at 217 Choke Canyon Cv, Belton, TX, 76513 offers a 9.06% rental yield on a $369,000 purchase with $2,785/mo rent. Total monthly income registers $2,785/mo, and a $1,806/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,933/yr on $122,324 to close, and return on cash invested stands at 21.49% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 112.55% and total cumulative return in cash at $137,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,785/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2002

0.55 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Lakewood Ranch, a highly sought-after community offering both tranquility and convenience. This beautiful Omega Builders home sits on a spacious .5-acre cul-de-sac lot with direct access to Lakewood Elementary. Inside, an inviting foyer leads to an open split floor plan with high ceilings, wood floors, and large windows that fill the space with natural light and scenic views. The chefs kitchen features a center island, breakfast bar, granite countertops, double oven, electric range, built-in microwave, and a pantry for ample storage. The spacious master suite is a private retreat with a double walk-in closet, ceiling fan, double vanity, garden tub, and separate shower. Additional features include a built-in bookcase, entertainment center, ceiling fans throughout, window treatments, smoke detectors, and a wired security system. A large utility room with a sink adds extra convenience. The outdoor space is a gardeners paradise, with mature trees, fruit trees, and an array of vegetables and unique plants lovingly cultivated by the seller. Enjoy community amenities like a community pool, park, and sports fields, making this home perfect for all ages. A rare find in an exceptional locationdont miss this opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76513, Belton, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,497 (100%)
Owner Occupied HU	12,076 (65.3%)
Renter Occupied HU	5,158 (27.9%)
Vacant Housing Units	1,263 ( 6.8%)
Median Home Value	$336,211
Average Home Value	$377,275