6261 River Oaks DriveKingslandTX78639
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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
Investment property for sale in Kingsland at 6261 River Oaks Drive, Kingsland, TX, 78639 offers a 9.75% rental yield on a $206,000 purchase with $1,673/mo rent. Total monthly income registers $1,673/mo, and a $1,008/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,500/yr on $68,289 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,329/yr while 5% annual appreciation supports $56,914 over five years. Portfolio math shows five-year ROI at 123.74% and total cumulative return in cash at $84,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,673/mo property income against a $1,008/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78639, Kingsland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 3,061 (52.2%) |
| Renter Occupied HU | 1,088 (18.6%) |
| Vacant Housing Units | 1,713 (29.2%) |
| Median Home Value | $322,823 |
| Average Home Value | $453,524 |
Housing Distribution
Address Breakdown
Residential
4,516
Single Family
4,337
Multi-Family
179
Businesses
430
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Listed by: Bull Guthrie • Landmasters Real Estate
Mls Name: HLMLS
Mls Provider:
Mls ID: #173925
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.