21514 Mount View Dr, Leander, TX, 78645 | $1,007/mo Cash Flow

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21514 Mount View Dr, Leander, TX, 78645 | $1,007/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 21514 Mount View Dr, Leander, TX, 78645 uses $152,490 cash to close to unlock $12,088/yr annual cash flow and $1,007/mo monthly cash flow. Total monthly income runs $4,278/mo, and a $2,251/mo payment keeps the spread at $1,007/mo. Purchase price stands at $460,000, and rental yield measures 11.16% with $4,278/mo rent. Return on cash invested shows 27.84% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 146.58% and total cumulative return in cash records $223,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,278/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Single Family

Built in 1984

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Incredible Lake Travis and Hill Country views! Walk into this beautiful home to a wall of large picture windows with gorgeous views. This home boasts a sprawling double deck, the width of the home that overlooks the Pace Bend Park and the marina. The bright and spacious main level of this exceptionally remodeled two-story residence offers an expansive living area with vaulted ceilings and wood floors that flow into the expansive dining and kitchen areas. The heart of the home is the large kitchen and island featuring granite countertops, sleek stainless-steel appliances and a walk-in pantry. This space is perfect for gatherings. The first floor also houses the primary bedroom which is a retreat within itself, with vaulted ceilings enhancing its spaciousness, and a glass door to the deck. The ensuite bathroom is just as luxurious, featuring a Jacuzzi tub, a large walk-in shower with frameless glass doors and double vanities. On the lower level each secondary bedroom (3) offers ample space and sizeable closets, and 2 of the bedrooms with private doors to the lower deck. Plus, a bonus room currently utilized as a game room. The outdoor living space is great for entertaining with extensive decking that invites memorable gatherings with beautiful sunsets. This home includes a two-car garage. Lago Vistas amenities enhance this homes appeal, with lakeside parks, a boat ramp, golf course and much more. Outstanding Lago Vista ISD. Located only a mile from Lago Vista shopping/dining spots. Cedar Park and north Austin only 20 minutes. Come live the lake lifestyle filled with leisure and enjoyment. Schedule a showing today!

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