3058 WestviewCanyon 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 3058 Westview, Canyon Lake, TX, 78133 uses $72,764 cash to close to unlock $5,921/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $2,054/mo, and a $1,074/mo payment keeps the spread at $493/mo. Purchase price stands at $219,500, and rental yield measures 11.23% with $2,054/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $60,644 over five years. Five-year ROI reaches 147.71% and total cumulative return in cash records $107,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,054/mo property income covering a $1,074/mo payment rather than investor’s personal income.
Single Family
Built in 1964
8,276 sqft 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: Carolina Tirado • Real Broker, LLC
Mls Name: LERA MLS
Mls ID: #1908610