304 Hi There #134Horseshoe BayTX78657
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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 Horseshoe Bay at 304 Hi There #134, Horseshoe Bay, TX, 78657 offers a 9.26% rental yield on a $184,000 purchase with $1,420/mo rent. Total monthly income registers $1,420/mo, and a $901/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,334/yr on $60,996 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,836 over five years. Portfolio math shows five-year ROI at 115.84% and total cumulative return in cash at $70,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,420/mo property income against a $901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,411 (100%) |
| Owner Occupied HU | 2,766 (51.1%) |
| Renter Occupied HU | 668 (12.3%) |
| Vacant Housing Units | 1,977 (36.5%) |
| Median Home Value | $484,739 |
| Average Home Value | $688,625 |
Housing Distribution
Address Breakdown
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
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Listed by: Zina Rodenbeck • Zina & Co. Real Estate
Mls Name: HLMLS
Mls ID: #174609