982 Horseshoe FallsBanderaTX78003
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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
Total monthly income runs $3,268/mo, and a $2,888/mo payment. Purchase price stands at $590,000, and rental yield measures 6.65% with $3,268/mo rent. Return on cash invested shows 14.32% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 74.09% and total cumulative return in cash records $143,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,268/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
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