585 Oak Bend DriveBanderaTX78003
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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 Bandera at 585 Oak Bend Drive, Bandera, TX, 78003 offers $3,175/mo rent that, after a $2,814/mo payment. Total monthly income is $3,175/mo. Return on cash invested measures 14.27% in year one, and rental yield stands at 6.63% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 73.77% and total cumulative return in cash reaches $139,547. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,175/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
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