21605 Pershing AveLeanderTX78645
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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 21605 Pershing Ave, Leander, TX, 78645 offers a 9.95% rental yield on a $737,000 purchase with $6,109/mo rent. Total monthly income registers $6,109/mo, and a $3,607/mo payment leaves $852/mo available for distribution. Annual cash flow reaches $10,220/yr on $242,473 to close, and return on cash invested stands at 24.28% in year one. Equity gained on principal adds $4,756/yr while 5% annual appreciation supports $203,620 over five years. Portfolio math shows five-year ROI at 127.47% and total cumulative return in cash at $309,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,109/mo property income against a $3,607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,811 sqft lot
$N/A/sqft
$200 annually 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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Listed by: David Vogel • KS & Associates Realtors
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #9227594
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-27 19:46:54 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)