292 Housefinch LoopLeanderTX78641
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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
Rental property for sale in Leander at 292 Housefinch Loop, Leander, TX, 78641 priced at $362,000 converts $2,012/mo rent into after a $1,772/mo obligation. Total monthly income equals $2,012/mo. Return on cash invested prints 14.28% in year one, and rental yield reads 6.67% against a $362,000 entry. Equity gained on principal adds $2,336/yr, while 5% annual appreciation compiles into $100,014 by year five. Five-year ROI reaches 73.9% and total cumulative return in cash sums $88,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,012/mo property income covering a $1,772/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,224 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
41,837
Single Family
37,816
Multi-Family
4,021
Businesses
1,109
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