504 County Road 421aSpicewoodTX78669
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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
Total monthly income runs $3,600/mo, and a $6,559/mo payment. Purchase price stands at $1,340,000, and rental yield measures 3.22% with $3,600/mo rent. Return on cash invested shows 3.98% in year one, and 5% annual appreciation builds toward $370,217 over five years. Five-year ROI reaches 18.57% and total cumulative return in cash records $80,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $6,559/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78669, Spicewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,686 (71.6%) |
| Renter Occupied HU | 637 ( 9.7%) |
| Vacant Housing Units | 1,218 (18.6%) |
| Median Home Value | $759,615 |
| Average Home Value | $852,653 |
Housing Distribution
Address Breakdown
Residential
5,910
Single Family
5,902
Multi-Family
8
Businesses
312
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