218 Cliffhouse DrMorgans Pt ResortTX76513
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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 Morgans Pt Resort at 218 Cliffhouse Dr, Morgans Pt Resort, TX, 76513 priced at $210,000 pairs $1,440/mo rent with after a $1,028/mo payment. Total monthly income equals $1,440/mo. Return on cash invested is 18.99% in year one, and rental yield stands at 8.23% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 99.14% and total cumulative return in cash reaches $69,016. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
1,829 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
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Listed by: Derek P. Eisenberg • Continental Real Estate Group
Mls Name: Central Texas MLS
Mls ID: #601866