698 HillclimbCanyon LakeTX78133
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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 Canyon Lake at 698 Hillclimb, Canyon Lake, TX, 78133 uses $116,025 cash to close to unlock $1,166/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $2,591/mo, and a $1,713/mo payment keeps the spread at $97/mo. Purchase price stands at $350,000, and rental yield measures 8.88% with $2,591/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 109.5% and total cumulative return in cash records $127,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,591/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,361 sqft lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78133, Canyon Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,320 (67.5%) |
| Renter Occupied HU | 1,369 (11.1%) |
| Vacant Housing Units | 2,640 (21.4%) |
| Median Home Value | $475,760 |
| Average Home Value | $540,572 |
Housing Distribution
Address Breakdown
Residential
11,204
Single Family
11,203
Multi-Family
1
Businesses
655
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Listed by: Scott Malouff • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1883236
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.