604 Highcrest #213 Drive, Marble Falls, TX, 78654 | $200/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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604 Highcrest #213 Drive, Marble Falls, TX, 78654 | $200/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Marble Falls at 604 Highcrest #213 Drive, Marble Falls, TX, 78654 offers a 9.74% rental yield on a $199,000 purchase with $1,615/mo rent. Total monthly income registers $1,615/mo, and a $974/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,399/yr on $65,969 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 123.56% and total cumulative return in cash at $81,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,615/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

Introducing a charming 1-bedroom first floor condo nestled in the heart of the picturesque Tropical Hideaway Condominiums in Granite Shoals, Texas. This cozy residence offers a perfect blend of comfort and convenience, making it an ideal retreat for those seeking a serene lifestyle. As you step into this thoughtfully designed condo, you are greeted by an inviting living space bathed in natural light, creating a warm and welcoming ambiance. New luxury vinyl flooring in the bedroom and new carpet in the living room make the unit feel fresh and airy. The well-appointed kitchen boasts modern appliances and ample cabinet space, making meal preparation a breeze. Enjoy your morning coffee or unwind in the evening on the private patio. Tropical Hideaway Condominiums provide residents with access to a range of amenities, including a sparkling community pool and well-maintained common areas. The first-floor location ensures easy accessibility, making daily living convenient and enjoyable. Situated in the desirable Granite Shoals community, this condo offers proximity to local attractions, parks, and scenic views. Whether you're a first-time homebuyer, downsizing, or looking for a weekend getaway, this 1-bedroom condo at Tropical Hideaway Condominiums is a delightful opportunity to embrace a relaxed and low-maintenance lifestyle in the heart of Texas. Don't miss the chance to make this charming condo your new home sweet home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78654, Marble Falls, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,896 (100%)
Owner Occupied HU	6,426 (59.0%)
Renter Occupied HU	2,755 (25.3%)
Vacant Housing Units	1,715 (15.7%)
Median Home Value	$376,664
Average Home Value	$517,656