585 N Scenic Hills CtBlancoTX78606
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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 585 N Scenic Hills Ct, Blanco, TX, 78606 priced at $999,000 converts $5,358/mo rent into after a $4,890/mo obligation. Total monthly income equals $5,358/mo. Return on cash invested prints 13.5% in year one, and rental yield reads 6.44% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 69.74% and total cumulative return in cash sums $229,202. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,358/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 2022
5 Acres lot
$N/A/sqft
$600 annually 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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Listed by: Julie Alexander • Kuper Sotheby's Int'l Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1749636
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.