212 Lakefront DrLeanderTX78645
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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
Investment property for sale in Leander at 212 Lakefront Dr, Leander, TX, 78645 offers a 5.12% rental yield on a $1,688,500 purchase with $7,206/mo rent. 58% in year one. Equity gained on principal adds $10,896/yr while 5% annual appreciation supports $466,501 over five years. Portfolio math shows five-year ROI at 48.67% and total cumulative return in cash at $266,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,206/mo property income against a $8,264/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1.61 Acres lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Housing Distribution
Address Breakdown
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
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