111 Pennybacker LnLakewayTX78738
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 Lakeway at 111 Pennybacker Ln, Lakeway, TX, 78738 offers $3,998/mo rent that, after a $3,757/mo payment. Total monthly income is $3,998/mo. Return on cash invested measures 13.12% in year one, and rental yield stands at 6.25% at a $767,614 entry. Equity gained on principal adds $4,953/yr while 5% annual appreciation compounds into $212,078 by year five. Five-year ROI records 67.63% and total cumulative return in cash reaches $170,800. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,998/mo property income versus a $3,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Housing Distribution
Address Breakdown
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices