321 Lakewood DriveBurnetTX78611
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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 321 Lakewood Drive, Burnet, TX, 78611 earns from $1,616/mo rent with a $2,051/mo payment. Total monthly income totals $1,616/mo. ROI tracks 8.13% on current figures, and rental yield reads 4.63% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 40.89% and total cumulative return in cash sums $56,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your personal income.
Single Family
Built in 1975
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Gayle Loyd • RE/MAX of Marble Falls
Mls Name: HLMLS
Mls Provider:
Mls ID: #168912
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.