302 Amy StreetBurnetTX78611
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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 Burnet at 302 Amy Street, Burnet, TX, 78611 offers a 9.73% rental yield on a $228,900 purchase with $1,856/mo rent. Total monthly income registers $1,856/mo, and a $1,120/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,743/yr on $75,880 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $1,477/yr while 5% annual appreciation supports $63,241 over five years. Portfolio math shows five-year ROI at 123.46% and total cumulative return in cash at $93,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,856/mo property income against a $1,120/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Housing Distribution
Address Breakdown
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
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Listed by: Sandy Greer • All City Real Estate Ltd. Co
Mls Name: HLMLS
Mls Provider:
Mls ID: #171292
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.