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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Leander at 1101 Ivean Pearson Rd #E202, Leander, TX, 78645 generates $3,155/mo in rent, after a $2,567/mo payment. Total monthly income is $3,155/mo. Return on cash invested sits at 16.06% in year one, and rental yield is 7.22% on a $524,400 entry. Equity gained on principal adds $3,384/yr, while 5% annual appreciation builds toward $144,882 over five years. Five-year ROI reaches 83.42% and total cumulative return in cash sums $143,916. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,155/mo property income rather than buyer’s personal income.
Condo
Built in 2008
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
Date | Event | Price |
|---|---|---|
| 2025-08-04 | Listing removed | $575,000 |
| 2025-06-20 | Pending sale | $575,000 |
| 2025-06-20 | Contingent | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $6749.31 | -21.44% | $406,508 | -23.88% |
| 2023-10-26 | $8591.72 | -15.17% | $534,063 | -6.15% |
| 2022-10-26 | $10128.52 | N/A | $569,043 | 62.45% |
Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #9452474
