480 RangelandBlancoTX78606
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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 Blanco at 480 Rangeland, Blanco, TX, 78606 priced at $324,999 converts $2,176/mo rent into after a $1,591/mo obligation. Total monthly income equals $2,176/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 8.03% against a $324,999 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,791 by year five. Five-year ROI reaches 95.98% and total cumulative return in cash sums $103,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78606, Blanco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,227 (63.1%) |
| Renter Occupied HU | 603 (17.1%) |
| Vacant Housing Units | 698 (19.8%) |
| Median Home Value | $429,331 |
| Average Home Value | $529,756 |
Housing Distribution
Address Breakdown
Residential
2,976
Single Family
2,928
Multi-Family
48
Businesses
362
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