3317 Burks Ln, Austin, TX, 78732 | 6.46% Rental Yield

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3317 Burks Ln, Austin, TX, 78732 | 6.46% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 3317 Burks Ln, Austin, TX, 78732 listed at $615,000 pairs $3,313/mo rent with a $3,010/mo payment. Total monthly income runs $3,313/mo. Return on cash invested measures 13.77% in year one, and rental yield registers 6.46% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 71.12% and total cumulative return in cash totals $143,897. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,313/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1996

7,797 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into comfort and style in this beautifully refreshed 3-bedroom, 2-bath home, nestled on a peaceful, tree-lined street in the heart of Steiner Ranch. A charming, manicured driveway welcomes you home, leading to a light-filled interior with soaring ceilings, fresh paint, brand new carpet, and newly installed window panes that flood the space with natural light. The spacious layout features an open-concept kitchen with a bright breakfast areaperfect for casual mornings or weekend brunch. A dedicated dining room offers space for more formal gatherings, while a flexible office or bonus room provides the versatility to work, create, or relax in your own way. Surrounded by mature trees and located in one of Austins most sought-after communities, this home combines peaceful living with exceptional conveniencejust minutes from scenic trails, the shores of Lake Austin and Lake Travis and all that Steiner Ranch has to offer!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78732, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,811 (100%)
Owner Occupied HU	4,680 (68.7%)
Renter Occupied HU	1,749 (25.7%)
Vacant Housing Units	382 ( 5.6%)
Median Home Value	$800,474
Average Home Value	$917,193