17 Borello Dr #17, Austin, TX, 78738 | 6.61% Rental Yield

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17 Borello Dr #17, Austin, TX, 78738 | 6.61% Rental Yield | Ziffy

For Sale

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 17 Borello Dr #17, Austin, TX, 78738 listed at $850,000 pairs $4,682/mo rent with a $4,160/mo payment. Total monthly income runs $4,682/mo. Return on cash invested measures 14.22% in year one, and rental yield registers 6.61% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 73.49% and total cumulative return in cash totals $205,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,682/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2013

10,833 sqft lot

$N/A/sqft

No HOA

More details about the property

17 Borello Drive is an elegant 2-story lock and leave lifestyle Villa with 3,074 sq. ft., located in the prestigious gated community of Flintrock Falls in Lakeway, Texas. Stepping through the front door, youre welcomed by beautiful ceramic tile floors and a soaring 2-story entryway. The home offers 4 bedrooms or 3 and an office and 3 full baths, thoughtfully designed for comfort and style. The main level features a spacious great room with a striking stone fireplace and gas logs, flanked by built-in cabinetry. The open-concept layout flows into a stunning kitchen with a long granite island that seats four, light Corian counters, white wood cabinetry, and quality appliances including a gas cooktop, microwave, oven, dishwasher, refrigerator, and wine cooler. A bright dining area comfortably seats eight, making it ideal for gatherings. The primary suite, also on the main level, boasts a luxurious ensuite bath with double vanities, a soaking tub, frameless shower, and large dual closets. An additional bedroom or office with a full bath is also on the first floor. Upstairs, youll find two large bedrooms, a full bath, and a spacious game room. Covered patios on both levels provide sweeping views of the 4th fairway of the Flintrock Falls Golf Course. Just steps away, the Flintrock Falls Clubhouse offers dining, meeting rooms, and a pro shop. Membership options include access to The Hills of Lakeway and two additional courses for a total of four world-class golfing experiences.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78738, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,817 (100%)
Owner Occupied HU	9,948 (72.0%)
Renter Occupied HU	3,060 (22.1%)
Vacant Housing Units	809 ( 5.9%)
Median Home Value	$863,930
Average Home Value	$1,035,231