605 Riviera Dr, Canyon Lake, TX, 78133 | 4.45% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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

Rental property for sale in Canyon Lake at 605 Riviera Dr, Canyon Lake, TX, 78133 generates $3,613/mo in rent, after a $4,772/mo payment. Total monthly income is $3,613/mo. Return on cash invested sits at 7.64% in year one, and rental yield is 4.45% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 38.23% and total cumulative return in cash sums $122,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,613/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Live your dream in this INCREDIBLE lakefront home with direct Canyon Lake ACCESS and sweeping Lake/Hill Country VIEWS! Priced well below comps with lake access, do not miss out on this true GEM! The home is IMMACULATE inside/out and completely furnished-MOVE IN READY! The open-concept design and great room's soaring ceiling and WALL TO WALL WINDOWS provides an abundance of natural light and frames stunning VIEWS! Over 2700 sq ft of indoor living space (4 bedrooms, 3.5 baths) with multiple decks(1240 sq ft)creates seamless indoor/outdoor living, is perfect for entertaining and large family/friend gatherings! Located on sought after Riviera Drive, mature landscaping and a PRIVATE PATH leads to the lake to swim, paddle board, fish, or boat on Canyon Lakes crystal-blue water! This TURNKEY home has tons of storage, ample parking (6), so ideal as a full-time residence, weekend escape, or for STRs. Canyon Lake is up and continues to fill. DO NOT MISS this opportunity BOOK YOUR TOUR TODAY!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)12,329 (100%)
Owner Occupied HU8,320 (67.5%)
Renter Occupied HU1,369 (11.1%)
Vacant Housing Units2,640 (21.4%)
Median Home Value$475,760
Average Home Value$540,572

Address Breakdown

Residential

11,204

Single Family

11,203

Multi-Family

1

Businesses

655

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 2007
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached, Oversized, Garage Door Opener

Location

  • City: Canyon Lake
  • State: TX
  • Subdivision: N/A
  • Lot Size: 0.29 Acres
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Timothy Clarkson • RE/MAX Grand 

Mls Name: HAR

Mls ID: #88711818

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