945 Wesley Ridge DrSpicewoodTX78669
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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 Spicewood at 945 Wesley Ridge Dr, Spicewood, TX, 78669 listed at $760,000 pairs $5,720/mo rent with a $3,720/mo payment to leave $315/mo cash flow. Total monthly income runs $5,720/mo, and annual cash flow reaches $3,784/yr on $250,040 cash to close. Return on cash invested measures 21.57% in year one, and rental yield registers 9.03% at a $760,000 basis. Equity gained on principal adds $4,904/yr, and annual property appreciation at 5% supports $209,974 by year five. Five-year ROI tracks 112.96% and total cumulative return in cash totals $282,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,720/mo property income relative to a $3,720/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78669, Spicewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,686 (71.6%) |
| Renter Occupied HU | 637 ( 9.7%) |
| Vacant Housing Units | 1,218 (18.6%) |
| Median Home Value | $759,615 |
| Average Home Value | $852,653 |
Housing Distribution
Address Breakdown
Residential
5,910
Single Family
5,902
Multi-Family
8
Businesses
312
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