2304 S Lakeline Blvd Unit 564Cedar ParkTX78613
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 2304 S Lakeline Blvd Unit 564, Cedar Park, TX, 78613 in Cedar Park clears it at 1.74, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.42%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $82,884; $2,763/yr in principal equity; total projected return: $129,148.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $(37) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,354 |
| Total Monthly Debt Service | $2,014 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78613, Cedar Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,575 (100%) |
| Owner Occupied HU | 20,757 (58.3%) |
| Renter Occupied HU | 13,356 (37.5%) |
| Vacant Housing Units | 1,462 ( 4.1%) |
| Median Home Value | $517,721 |
| Average Home Value | $581,975 |
Housing Distribution
Address Breakdown
Residential
34,447
Single Family
25,762
Multi-Family
8,685
Businesses
2,269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78613, Cedar Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,575 (100%) |
| Owner Occupied HU | 20,757 (58.3%) |
| Renter Occupied HU | 13,356 (37.5%) |
| Vacant Housing Units | 1,462 ( 4.1%) |
| Median Home Value | $517,721 |
| Average Home Value | $581,975 |
Housing Distribution
Address Breakdown
Residential
34,447
Single Family
25,762
Multi-Family
8,685
Businesses
2,269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Unlock MLS
Mls ID: #1167564