Latimer Plan, Rees Landing EstatesSpicewoodTX78669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Latimer Plan, Rees Landing Estates, Spicewood, TX, 78669 generates $6,043/mo in rent and, after a $3,441/mo payment, leaves $1,044/mo in cash flow. Total monthly income is $6,043/mo, and annual cash flow is $12,524/yr on $231,284 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 10.32% on a $702,990 entry. Equity gained on principal adds $4,536/yr, while 5% annual appreciation builds toward $194,223 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash sums $309,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,043/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
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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