2317 Spokane Dr, Leander, TX, 78641 | 6.06% Rental Yield

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2317 Spokane Dr, Leander, TX, 78641 | 6.06% Rental Yield | Ziffy

For Sale

Listed for sale 3 days ago

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

Total monthly income runs $2,400/mo, and a $2,325/mo payment. Purchase price stands at $474,990, and rental yield measures 6.06% with $2,400/mo rent. Return on cash invested shows 12.46% in year one, and 5% annual appreciation builds toward $131,231 over five years. Five-year ROI reaches 64.11% and total cumulative return in cash records $100,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,325/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover this stunning new construction home at 2317 Spokane Drive in Leander, built by M/I Homes. This thoughtfully designed 2,251 square foot home features an open-concept living space perfect for both daily life and entertaining. Home Features: 3 bedrooms, 2.5 bathrooms Deluxe owner's en-suite bathroom Extended covered patio Game room This home showcases exceptional craftsmanship and attention to detail that M/I Homes is known for delivering. The owner's bedroom placement on the main floor offers convenience and accessibility, while the additional bedrooms provide flexibility for family needs or home office space. The neighborhood offers an excellent location with easy access to parks and recreational opportunities, making it ideal for families who value outdoor activities and community amenities. The area's proximity to parks ensures you'll have plenty of options for weekend adventures and daily exercise routines. With its thoughtful design, quality construction, and desirable neighborhood setting, this new construction home represents an excellent opportunity to own a beautifully crafted home in one of Leander's sought-after areas. Contact our team to learn more about 2317 Spokane Drive!

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