Carnation II Plan, Sanctuary, Salado, TX, 76571 | 6.26% Rental Yield

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Carnation II Plan, Sanctuary, Salado, TX, 76571 | 6.26% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salado at Carnation II Plan, Sanctuary, Salado, TX, 76571 at $392,990 posts ROI 13.05% with from $2,050/mo rent. Total monthly income equals $2,050/mo. Return on cash invested measures 13.05% and rental yield reads 6.26% at the current $392,990. Equity gained on principal adds $2,536/yr, and 5% annual appreciation supports $108,576 by year five. Five-year ROI prints 67.29% and total cumulative return in cash totals $87,659. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,050/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

As stunning as the flower, wonderful Carnation II floor plan greets you with a massive front porch with uniquely-designed columns, perfect for coffee-sipping, visiting with neighbors, or just relaxing and taking it all in! Inside the home resides an open-concept family room with access to your own secluded study room and storage closet. Just past the stairs, you are met with a convenient downstairs powder room complete with a white pedestal sink and decorative mirror. Wander around the corner to your spacious kitchen with sleek granite countertops, flat-panel birch countertops, a generous amount of counter space, a large walk-in pantry, and a combined sizable breakfast area. You can even decide to include a kitchen island for more countertop space! Right off the kitchen and breakfast area combination lies the walk-in utility room as well as access to the backyard. If you crave the great outdoors, opt for the covered patio and elaborate breezeway to your two-car detached garage! Your private master suite boasts three windows for optimal natural lighting and attaches to your master bathroom. The master bathroom includes the opportunity for double vanities with LED down lighting, and a standard super shower. Up the stairs, you will discover the massive game room, ideal for hosting weekly game nights with friends and family, the remaining three bedrooms, and an additional full secondary bathroom with a shower/bathtub enclosure. As you can tell, this home boasts the perfect...

Neighborhood Data

Neighborhood data shown for ZIP Code: 76571, Salado, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,913 (100%)
Owner Occupied HU	3,095 (79.1%)
Renter Occupied HU	574 (14.7%)
Vacant Housing Units	244 ( 6.2%)
Median Home Value	$445,392
Average Home Value	$511,914