409 Hi There MHorseshoe 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 409 Hi There M, Horseshoe Bay, TX, 78657 offers $3,084/mo rent that, after a $1,542/mo payment, leaves $844/mo cash flow. Total monthly income is $3,084/mo, and annual cash flow is $10,125/yr on $104,423 cash. Return on cash invested measures 29.61% in year one, and rental yield stands at 11.75% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 156.05% and total cumulative return in cash reaches $162,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,084/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
2,613 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: Nattlie G Hoover • Coldwell Banker Realty
Mls Name: HLMLS
Mls ID: #176257