1611 Cloverleaf Dr, Austin, TX, 78723 | $606/mo Cash Flow

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1611 Cloverleaf Dr, Austin, TX, 78723 | $606/mo Cash Flow | Ziffy

For Sale

Currently Rented

Rental Income

Listed for sale 7 days ago

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 1611 Cloverleaf Dr, Austin, TX, 78723 listed at $345,000 pairs $3,060/mo rent with a $1,689/mo payment to leave $606/mo cash flow. Total monthly income runs $3,060/mo, and annual cash flow reaches $7,275/yr on $114,368 cash to close. Return on cash invested measures 26.27% in year one, and rental yield registers 10.64% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 138.19% and total cumulative return in cash totals $158,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1954

7,453 sqft lot

$N/A/sqft

No HOA

More details about the property

Prime Investment Opportunity in Windsor Park! Selling "AS IS" Located in one of Austins most sought-after and rapidly appreciating neighborhoods, this property offers exceptional potential for investors, flippers, or buyers looking to build equity through strategic upgrades. This 2-bedroom, 1-bath home provides 1,465 sq ft of total living space, including a 299 sq ft climate-controlled workshop/studio with a mini-splitideal for rental income, creative workspace, or future conversion. Originally a 3-bedroom layout, the home includes a flexible open space off the kitchen that can be enclosed again to restore the third bedroom and instantly increase value. Additional features include a bonus living/office area, a bright sunroom, a wooden patio deck, covered carport, and separate storage shed, offering ample functionality and storage. The spacious backyard provides room for expansion or potential ADU options (buyer to verify). Recent big-ticket updates include a roof (Nov 2025) and water heater (Dec 2025), offering a solid starting point for renovations. Situated just off Berkman Dr, this property benefits from excellent walkability to Hanks Restaurant, proximity to Mueller, top retail, parks, and major employershighly desirable for both long-term tenants and future resale. Don't wait , go see it now !

Neighborhood Data

Neighborhood data shown for ZIP Code: 78723, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,451 (100%)
Owner Occupied HU	7,934 (40.8%)
Renter Occupied HU	9,200 (47.3%)
Vacant Housing Units	2,317 (11.9%)
Median Home Value	$616,039
Average Home Value	$676,187