304 Monte Vista Dr, Burnet, TX, 78611 | $142/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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304 Monte Vista Dr, Burnet, TX, 78611 | $142/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 Burnet at 304 Monte Vista Dr, Burnet, TX, 78611 uses $82,875 cash to close to unlock $1,702/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,224/mo payment keeps the spread at $142/mo. Purchase price stands at $250,000, and rental yield measures 9.22% with $1,920/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 115.07% and total cumulative return in cash records $95,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,224/mo payment rather than investor’s personal income.

Single Family

Built in 1983

0.99 Acres lot

$N/A/sqft

No HOA

More details about the property

New price! If you dream about having a house on one of beautiful Texas lakes this one could be yours! This house is in Lake Buchanan area just seconds from the water. It has a view and about an acre of land. The house is multi-level with three bedrooms two bath with a spacious living room that has a cathedral ceiling. It feels like living in a tree house! The house is surrounded wirh trees that gives lots of privacy and shade. In addition to the house there is a carport and a covered area for a boat. The house needs work but it has so much potential to make it just the way you want.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,970 (100%)
Owner Occupied HU	5,024 (63.0%)
Renter Occupied HU	1,421 (17.8%)
Vacant Housing Units	1,525 (19.1%)
Median Home Value	$359,337
Average Home Value	$468,828