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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Leander at 2224 Devine Lake Bnd, Leander, TX, 78641 generates $3,098/mo in rent, after a $2,426/mo payment. Total monthly income is $3,098/mo. Return on cash invested sits at 16.79% in year one, and rental yield is 7.5% on a $495,700 entry. Equity gained on principal adds $3,199/yr, while 5% annual appreciation builds toward $136,953 over five years. Five-year ROI reaches 87.36% and total cumulative return in cash sums $143,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,098/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78641, Leander, TX area.
| 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 |
Residential
41,837
Single Family
37,816
Multi-Family
4,021
Businesses
1,109
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listing removed | $495,790 |
| 2025-07-10 | Price change | $495,790 |
| 2025-07-01 | Price change | $499,840 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1061.39 | N/A | $82,000 | N/A |
Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
