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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Spicewood at 318 Coventry Rd, Spicewood, TX, 78669 offers $2,940/mo rent that, after a $2,149/mo payment. Total monthly income is $2,940/mo. Return on cash invested measures 18.41% in year one, and rental yield stands at 8.04% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 96% and total cumulative return in cash reaches $139,700. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,940/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78669, Spicewood, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,686 (71.6%) |
| Renter Occupied HU | 637 ( 9.7%) |
| Vacant Housing Units | 1,218 (18.6%) |
| Median Home Value | $759,615 |
| Average Home Value | $852,653 |
Residential
5,910
Single Family
5,902
Multi-Family
8
Businesses
312
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bryan Swan • Keller Williams - Lake Travis
Mls Name: Unlock MLS
Mls ID: #1986716
