2406 Connie DrCanyon LakeTX78133
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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
Investment property for sale in Canyon Lake at 2406 Connie Dr, Canyon Lake, TX, 78133 listed at $1,189,000 pairs $4,603/mo rent with a $5,820/mo payment. Total monthly income runs $4,603/mo. Return on cash invested measures 8.37% in year one, and rental yield registers 4.65% at a $1,189,000 basis. Equity gained on principal adds $7,672/yr, and annual property appreciation at 5% supports $328,499 by year five. Five-year ROI tracks 42.1% and total cumulative return in cash totals $162,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,603/mo property income relative to a $5,820/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Housing Distribution
Address Breakdown
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
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Listed by: Tiffany Kosub • TKO Listings, LLC
Mls Name: Central Texas MLS
Mls ID: #595173