1629 W Broade StLeanderTX78641
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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 1629 W Broade St, Leander, TX, 78641 generates $2,308/mo in rent and, after a $1,566/mo payment, leaves $33/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $395/yr on $106,047 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 8.66% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 106.04% and total cumulative return in cash sums $112,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
7,893 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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