2989 Lakeview CirBurlesonTX76028
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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
Investment property for sale in Burleson at 2989 Lakeview Cir, Burleson, TX, 76028 listed at $366,000 pairs $2,867/mo rent with a $1,791/mo payment to leave $208/mo cash flow. Total monthly income runs $2,867/mo, and annual cash flow reaches $2,490/yr on $121,329 cash to close. Return on cash invested measures 21.96% in year one, and rental yield registers 9.4% at a $366,000 basis. Equity gained on principal adds $2,362/yr, and annual property appreciation at 5% supports $101,119 by year five. Five-year ROI tracks 115.27% and total cumulative return in cash totals $139,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,867/mo property income relative to a $1,791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.34 Acres lot
$N/A/sqft
$540 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
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Listed by: Kimberly Rumfield • Keller Williams Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #224525
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-12 12:19:27 PST