324 DOE LNCanyon 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
Rental property for sale in Canyon Lake at 324 DOE LN, Canyon Lake, TX, 78133 generates $1,064/mo in rent and, after a $636/mo payment, leaves $132/mo in cash flow. Total monthly income is $1,064/mo, and annual cash flow is $1,589/yr on $43,088 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.82% on a $129,979 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,911 over five years. Five-year ROI reaches 123.98% and total cumulative return in cash sums $53,420. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,064/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
$90 annually 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: Juan Lopez • Vortex Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1819530
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.