148 Feather Grass AveLeanderTX78641
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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 Leander at 148 Feather Grass Ave, Leander, TX, 78641 generates $2,794/mo in rent and, after a $1,738/mo payment, leaves $269/mo in cash flow. Total monthly income is $2,794/mo, and annual cash flow is $3,229/yr on $117,683 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 9.44% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 118.8% and total cumulative return in cash sums $139,812. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,794/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
5,649 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78641, Leander, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,715 (100%) |
| Owner Occupied HU | 32,207 (70.5%) |
| Renter Occupied HU | 9,266 (20.3%) |
| Vacant Housing Units | 4,242 ( 9.3%) |
| Median Home Value | $526,820 |
| Average Home Value | $606,525 |
Housing Distribution
Address Breakdown
Residential
41,837
Single Family
37,816
Multi-Family
4,021
Businesses
1,109
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