502 Cindy DrCanyon LakeTX78133
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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 Canyon Lake at 502 Cindy Dr, Canyon Lake, TX, 78133 priced at $1,295,000 converts $3,913/mo rent into after a $6,338/mo obligation. Total monthly income equals $3,913/mo. Return on cash invested prints 5.22% in year one, and rental yield reads 3.63% against a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation compiles into $357,785 by year five. Five-year ROI reaches 25.21% and total cumulative return in cash sums $105,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,913/mo property income covering a $6,338/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.62 Acres lot
$N/A/sqft
$24 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Housing Distribution
Address Breakdown
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
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Listed by: Daniel Herb • Redbird Realty LLC
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1895154
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.