348 Spillway Dr, Kyle, TX, 78640 | $63/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

348 Spillway Dr, Kyle, TX, 78640 | $63/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1158 sft

168 Voyager Cv, Kyle, TX, 78640

Dowing Plan, Sky Ranch : Watermill Collection

4 Bed
2 Bath
1850 sft

Dowing Plan, Sky Ranch : Watermill Collection, New Braunfels, TX, 78130

3 Bed
2 Bath
1651 sft

3248 Aviator Ln, New Braunfels, TX, 78130

Ramsey Plan, Sky Ranch : Watermill Collection

4 Bed
2 Bath
1667 sft

Ramsey Plan, Sky Ranch : Watermill Collection, New Braunfels, TX, 78130

Nearby investment properties with comparable prices

4 Bed
2 Bath
1906 sft

161 Buttercup St, Kyle, TX, 78640

2 Bed
2 Bath
1395 sft

242 Mossycup Dr, San Marcos, TX, 78666

3 Bed
3 Bath
1704 sft

249 Endeavour, Kyle, TX, 78640

2 Bed
2 Bath
1016 sft

120 Rollingwood Dr, San Marcos, TX, 78666

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Kyle at 348 Spillway Dr, Kyle, TX, 78640 offers a 8.8% rental yield on a $279,000 purchase with $2,047/mo rent. Total monthly income registers $2,047/mo, and a $1,366/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $751/yr on $92,489 to close, and return on cash invested stands at 20.72% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 108.44% and total cumulative return in cash at $100,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,047/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

9,679 sqft lot

$N/A/sqft

No HOA

More details about the property

This home is located in the sought-after Southlake Ranch community in Kyle, TX,. Situated on a quiet cul-de-sac with no direct neighbors to the left, it is close to Lehman High School, historic downtown Kyle and Buda, and I-35, with a fishing reservoir and peaceful creek just a few minutes walk away. The location is 35 minutes to Austin and ABIA Airport and is on the hospital power grid. Boasting 3 bedrooms and 2.5 bathrooms, the home offers a fenced backyard, a living room with fireplace, a formal dining room, and a kitchen with breakfast nook and butcher block countertops. A half bath on the main level and a walk-in laundry room complete the first floor. Upstairs, the primary ensuite includes dual sinks, a tub/shower combo, and a walk-in closet, while the secondary bedrooms share a bathroom with tub/shower combo. There is also an open loft space/game room. Don't miss the opportunity to call this beautiful house your next home. Schedule a tour TODAY! Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.