15408 Joseph DrLakewayTX78734
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 15408 Joseph Dr, Lakeway, TX, 78734 in Lakeway is a conservative rental investment at $850,000. Rental yield 6.55%. A 1.34 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $234,839; $7,829/yr in principal paydown supplements. Total projected return: $266,482.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(1,575) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,124 |
| Total Monthly Debt Service | $5,706 |
| DSCR Ratio | 0.90x |
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 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78734, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,565 (100%) |
| Owner Occupied HU | 7,586 (71.8%) |
| Renter Occupied HU | 1,989 (18.8%) |
| Vacant Housing Units | 990 ( 9.4%) |
| Median Home Value | $770,107 |
| Average Home Value | $947,171 |
Housing Distribution
Address Breakdown
Residential
10,698
Single Family
9,927
Multi-Family
771
Businesses
1,419
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 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78734, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,565 (100%) |
| Owner Occupied HU | 7,586 (71.8%) |
| Renter Occupied HU | 1,989 (18.8%) |
| Vacant Housing Units | 990 ( 9.4%) |
| Median Home Value | $770,107 |
| Average Home Value | $947,171 |
Housing Distribution
Address Breakdown
Residential
10,698
Single Family
9,927
Multi-Family
771
Businesses
1,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices