313 BLUE SKYBuchanan DamTX78609
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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
Rental property for sale in Buchanan Dam at 313 BLUE SKY, Buchanan Dam, TX, 78609 priced at $345,000 converts $2,144/mo rent into after a $1,689/mo obligation. Total monthly income equals $2,144/mo. Return on cash invested prints 16.4% in year one, and rental yield reads 7.46% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 85.34% and total cumulative return in cash sums $97,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,144/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78609, Buchanan Dam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 795 (54.0%) |
| Renter Occupied HU | 224 (15.2%) |
| Vacant Housing Units | 452 (30.7%) |
| Median Home Value | $362,500 |
| Average Home Value | $444,676 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
999
Multi-Family
0
Businesses
130
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Listed by: Judy Schuessler • Virdell Real Estate, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #167364
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.