208 Falcon Ln, Leander, TX, 78641 | $12/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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208 Falcon Ln, Leander, TX, 78641 | $12/mo Cash Flow | 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 Leander at 208 Falcon Ln, Leander, TX, 78641 offers a 8.59% rental yield on a $274,990 purchase with $1,968/mo rent. Total monthly income registers $1,968/mo, and a $1,346/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $149/yr on $91,159 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,975 over five years. Portfolio math shows five-year ROI at 104.95% and total cumulative return in cash at $95,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,968/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2009

7,331 sqft lot

$N/A/sqft

No HOA

More details about the property

Come see the best deal in the Summerlyn Neighborhood, where comfort meets value in one of the most convenient neighborhoods in Leander, Tx. This spacious 4-bedroom, 2.5-bath single-family home offers a smart, functional layout with the primary bedroom on the main floor and an upstairs living or game room thats perfect for movie nights, playtime, or a home office. Enjoy the privacy of backing to a peaceful greenbelt, creating a natural backdrop for morning coffee or evenings on the patio. Inside, the open-concept living and dining area flow effortlessly, making everyday living and entertaining a breeze. This home comes with washer, dryer, and refrigerator all included, a rare bonus that adds to the value. Zoned to highly rated Leander ISD and minutes from shopping, dining, and 183A Toll Road for an easy commute, this property delivers both convenience and opportunity. Plus, with brand-new Costco and Target developments coming soon just minutes away, the locations value is only growing. Dont miss your chance to own one of the best values in Summerlyn, schedule your showing today!

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