319 Columbine StMeadowlakesTX78654
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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 Meadowlakes at 319 Columbine St, Meadowlakes, TX, 78654 priced at $299,000 converts $2,400/mo rent into $274/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $3,291/yr on $99,119 invested. Return on cash invested prints 23.23% in year one, and rental yield reads 9.63% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 121.89% and total cumulative return in cash sums $120,814. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78654, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 6,426 (59.0%) |
| Renter Occupied HU | 2,755 (25.3%) |
| Vacant Housing Units | 1,715 (15.7%) |
| Median Home Value | $376,664 |
| Average Home Value | $517,656 |
Housing Distribution
Address Breakdown
Residential
9,263
Single Family
8,625
Multi-Family
638
Businesses
1,341
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Listed by: Eric Carvajal • The Carvajal Group
Mls Name: Unlock MLS
Mls ID: #5184709