2208 Spokane Dr, Leander, TX, 78641 | 6.88% Rental Yield

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2208 Spokane Dr, Leander, TX, 78641 | 6.88% Rental Yield | Ziffy

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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 2208 Spokane Dr, Leander, TX, 78641 offers a 6.88% rental yield on a $540,390 purchase with $3,098/mo rent. 03% in year one. Equity gained on principal adds $3,487/yr while 5% annual appreciation supports $149,300 over five years. Portfolio math shows five-year ROI at 77.9% and total cumulative return in cash at $138,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,098/mo property income against a $2,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new home at 2208 Spokane Drive in Leander, TX. This stunning 2-story home, boasting a modern design, is now available for sale. Built with quality and care by M/I Homes, this new construction home offers a harmonious blend of style and functionality. As you step inside, you are greeted by a spacious open floorplan that seamlessly connects the living areas, creating the perfect setting for both relaxation and entertainment. The kitchen is a focal point of the home, featuring quartz countertops, ample cabinet space, and modern appliances. Whether you are a seasoned chef or just enjoy cooking for your loved ones, this kitchen is sure to inspire culinary creativity. This home offers 4 bedrooms, 3 full bathrooms, and a game room, providing plenty of space for the whole family to spread out comfortably. Your first-floor owner's bedroom features a bay window and an en-suite bathroom, offering a peaceful retreat at the end of a long day. Step through the 3-panel sliding glass doors in the family room to access your 13' x 6' covered patio, which offers a charming outdoor space where you can enjoy your morning coffee or unwind after a busy day. Say goodbye to the stress of parking with a 2-car garage that ensures your vehicles are safely tucked away. With a size of 2,434 square feet, this home offers ample space for you to tailor it to your specific needs and preferences. The possibilities are endless when it co...

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