12807 Leatherback LnAustinTX78729
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 12807 Leatherback Ln, Austin, TX, 78729 in Austin worth study. Rental yield 5.92%. The 5.92% gross yield is below cash-flow benchmarks at $470,000, but 5% annual appreciation, adding $129,852 over five years, frames this as a capital growth position. Rent of $2,320/mo partially offsets the $2,113/mo payment. Ziffy Mortgage finances appreciation-play properties (1.10 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $114,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 4.5% |
| Monthly Cash Flow | $(1,023) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,320 |
| Total Monthly Debt Service | $3,155 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
1,825 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78729, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,395 (100%) |
| Owner Occupied HU | 5,342 (34.7%) |
| Renter Occupied HU | 9,442 (61.3%) |
| Vacant Housing Units | 611 ( 4.0%) |
| Median Home Value | $489,566 |
| Average Home Value | $533,615 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
7,344
Multi-Family
7,507
Businesses
552
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
Single Family
Built in 2019
1,825 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78729, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,395 (100%) |
| Owner Occupied HU | 5,342 (34.7%) |
| Renter Occupied HU | 9,442 (61.3%) |
| Vacant Housing Units | 611 ( 4.0%) |
| Median Home Value | $489,566 |
| Average Home Value | $533,615 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
7,344
Multi-Family
7,507
Businesses
552
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices