348 Chimney Cove DriveMarble FallsTX78654
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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 Marble Falls at 348 Chimney Cove Drive, Marble Falls, TX, 78654 priced at $1,525,000 pairs $2,566/mo rent with after a $7,464/mo payment. Total monthly income equals $2,566/mo. Return on cash invested is 0.26% in year one, and rental yield stands at 2.02% on a $1,525,000 basis. Equity gained on principal adds $9,841/yr, and 5% annual appreciation accumulates to $421,329 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,566/mo property income against a $7,464/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
7 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: Ryan Wolters • All City Real Estate Ltd. Co
Mls Name: HLMLS
Mls ID: #175325