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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Leander at 1616 Devine Lake Bnd, Leander, TX, 78641 priced at $571,990 pairs $3,536/mo rent with after a $2,800/mo payment. Total monthly income equals $3,536/mo. Return on cash invested is 16.67% in year one, and rental yield stands at 7.42% on a $571,990 basis. Equity gained on principal adds $3,691/yr, and 5% annual appreciation accumulates to $158,030 by year five. Five-year ROI measures 86.67% and total cumulative return in cash reaches $163,106. For financing, Ziffy Mortgage’s DSCR program evaluates $3,536/mo property income against a $2,800/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78641, Leander, TX area.
| 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 |
Residential
41,837
Single Family
37,816
Multi-Family
4,021
Businesses
1,109
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $571,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-29 | $1258.28 | -8.17% | $82,000 | N/A |
| 2022-04-29 | $1370.26 | 22.19% | $82,000 | 32.26% |
| 2021-04-29 | $1121.40 | N/A | $62,000 | N/A |
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
