267 Munson StreetHorseshoe BayTX78672
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Nearby investment properties with comparable prices
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 Horseshoe Bay at 267 Munson Street, Horseshoe Bay, TX, 78672 offers a 9.59% rental yield on a $168,300 purchase with $1,345/mo rent. Total monthly income registers $1,345/mo, and a $824/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,730/yr on $55,791 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $1,086/yr while 5% annual appreciation supports $46,498 over five years. Portfolio math shows five-year ROI at 120.78% and total cumulative return in cash at $67,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $824/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.62 Acres lot
$N/A/sqft
$45 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78672, Tow, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 430 (42.3%) |
| Renter Occupied HU | 73 ( 7.2%) |
| Vacant Housing Units | 514 (50.5%) |
| Median Home Value | $284,286 |
| Average Home Value | $351,820 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
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Listed by: Vicki Reinhardt • Jesse James Real Estate
Mls Name: HLMLS
Mls Provider:
Mls ID: #170828
Disclaimer: 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.