116 Egret Ln, Austin, TX, 78737 | 4.35% Rental Yield

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116 Egret Ln, Austin, TX, 78737 | 4.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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 Austin at 116 Egret Ln, Austin, TX, 78737 earns from $3,898/mo rent with a $5,262/mo payment. Total monthly income totals $3,898/mo. ROI tracks 7.46% on current figures, and rental yield reads 4.35% at a $1,075,000 purchase. Equity gained on principal adds $6,937/yr, and 5% annual appreciation supports $297,003 over five years. Five-year ROI reaches 37.24% and total cumulative return in cash sums $129,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,898/mo property income instead of your personal income.

Single Family

Built in 2021

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the highly sought-after gated community of Highpointe, this beautiful stacked stone home sits on an expansive corner lot with exceptional curb appeal. The property features a lush lawn, low-maintenance landscaping, and a 2-car attached garage and 1-car detached garage. Step inside to open-concept living spaces bathed in natural light, highlighted by a neutral color palette that complements any decor. The gourmet kitchen is a chefs dreamcomplete with a large center island, stainless steel appliances, breakfast bar, and an oversized walk-in pantry. The inviting dining area features a cozy corner fireplace and flows seamlessly into the spacious living room, which is adorned with designer fan and windows framing views of the backyard oasis. Youll love the thoughtfully designed mudroom with ample counter space and cabinet storage as well as a sink. At the end of the day escape to the tranquil primary suite that offers a spa-like bath with dual vanities, a soaking tub, walk-in shower, and generous walk-in closet. Step outside to your private backyard retreatan entertainers paradise with a covered patio featuring a fireplace, additional open patio space, and a sparkling pool and spa. Its the perfect place for summer fun and making lasting memories. Located within the award-winning Dripping Springs ISD and just steps from amazing community amenities, this is more than a houseits the lifestyle youve been dreaming of.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78737, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,160 (100%)
Owner Occupied HU	7,449 (81.3%)
Renter Occupied HU	1,335 (14.6%)
Vacant Housing Units	376 ( 4.1%)
Median Home Value	$721,648
Average Home Value	$794,069