890 Blue Water DrCanyon 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 890 Blue Water Dr, Canyon Lake, TX, 78133 with 5% annual appreciation on a $250,000 basis while $2,242/mo rent supports operations. Total monthly income totals $2,242/mo and a $1,224/mo payment preserves $464/mo for cash returns. Annual cash flow comes to $5,566/yr on $82,875 deployed, and return on cash invested reaches 26.63% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 10.76%. Five-year ROI measures 140.07% and total cumulative return in cash totals $116,086.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,242/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.11 Acres lot
$N/A/sqft
No 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: Larry Anderson • EXIT 4 TEXAS REALTY PROFESSIONALS
Mls Name: EXIT Realty broker feed
Mls ID: #583588