309 S Oak LaneBurnetTX78611
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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 309 S Oak Lane, Burnet, TX, 78611 with 5% annual appreciation on a $225,000 basis while $1,434/mo rent supports operations. 24% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 7.65%. Five-year ROI measures 89.8% and total cumulative return in cash totals $66,981. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,434/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.60 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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