1103 Country Aire Dr #A & BRound RockTX78664
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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 Round Rock at 1103 Country Aire Dr #A & B, Round Rock, TX, 78664 priced at $429,900 converts $3,530/mo rent into $473/mo cash flow after a $2,104/mo obligation. Total monthly income equals $3,530/mo, and annual cash flow totals $5,677/yr on $142,512 invested. Return on cash invested prints 23.89% in year one, and rental yield reads 9.85% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 125.44% and total cumulative return in cash sums $178,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,530/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Multi Family
Built in 1983
8,925 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78664, Round Rock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,462 (100%) |
| Owner Occupied HU | 12,383 (50.6%) |
| Renter Occupied HU | 10,926 (44.7%) |
| Vacant Housing Units | 1,153 ( 4.7%) |
| Median Home Value | $418,100 |
| Average Home Value | $502,502 |
Housing Distribution
Address Breakdown
Residential
23,575
Single Family
16,820
Multi-Family
6,755
Businesses
1,847
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Listed by: Marissa Russo • Sphere Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #547782
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 Central Texas MLS, All Rights Reserved.