APS 528 Double Loft Plan, Open Air Resorts, SpicewoodSpicewoodTX78669
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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
Rental property for sale in Spicewood at APS 528 Double Loft Plan, Open Air Resorts, Spicewood, Spicewood, TX, 78669 priced at $102,700 converts $825/mo rent into $94/mo cash flow after a $503/mo obligation. Total monthly income equals $825/mo, and annual cash flow totals $1,132/yr on $34,045 invested. Return on cash invested prints 23.23% in year one, and rental yield reads 9.64% against a $102,700 entry. Equity gained on principal adds $663/yr, while 5% annual appreciation compiles into $28,374 by year five. Five-year ROI reaches 122.03% and total cumulative return in cash sums $41,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $825/mo property income covering a $503/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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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