406 Horseshoe Bay NorthHorseshoe BayTX78657
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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 Horseshoe Bay at 406 Horseshoe Bay North, Horseshoe Bay, TX, 78657 priced at $649,000 pairs $3,000/mo rent with after a $3,177/mo payment. Total monthly income equals $3,000/mo. Return on cash invested is 10.98% in year one, and rental yield stands at 5.55% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 56.16% and total cumulative return in cash reaches $119,916. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1984
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,411 (100%) |
| Owner Occupied HU | 2,766 (51.1%) |
| Renter Occupied HU | 668 (12.3%) |
| Vacant Housing Units | 1,977 (36.5%) |
| Median Home Value | $484,739 |
| Average Home Value | $688,625 |
Housing Distribution
Address Breakdown
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
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Listed by: Cathy Ryden • Horseshoe Bay ONE Realty
Mls Name: HLMLS
Mls ID: #174752