129 Tall Grass DrGeorgetownTX78628
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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 Georgetown at 129 Tall Grass Dr, Georgetown, TX, 78628 offers $2,399/mo rent that, after a $1,566/mo payment, leaves $124/mo cash flow. Total monthly income is $2,399/mo, and annual cash flow is $1,484/yr on $106,077 cash. Return on cash invested measures 21.31% in year one, and rental yield stands at 9% at a $319,990 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,407 by year five. Five-year ROI records 111.56% and total cumulative return in cash reaches $118,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,399/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78628, Georgetown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,063 (100%) |
| Owner Occupied HU | 17,834 (68.4%) |
| Renter Occupied HU | 5,988 (23.0%) |
| Vacant Housing Units | 2,241 ( 8.6%) |
| Median Home Value | $621,770 |
| Average Home Value | $685,602 |
Housing Distribution
Address Breakdown
Residential
21,819
Single Family
18,594
Multi-Family
3,225
Businesses
830
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Listed by: Sean Gajjar • OM HOMES REALTY, LLC
Mls Name: Unlock MLS
Mls ID: #6003183