3404 American Dr APT 3120Lago VistaTX78645
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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 Lago Vista at 3404 American Dr APT 3120, Lago Vista, TX, 78645 listed at $575,000 pairs $3,167/mo rent with a $2,814/mo payment. Total monthly income runs $3,167/mo. Return on cash invested measures 14.21% in year one, and rental yield registers 6.61% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 73.5% and total cumulative return in cash totals $139,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,167/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Housing Distribution
Address Breakdown
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
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Listed by: Joe Hawes • Venture Partners R.E.
Mls Name: Unlock MLS
Mls ID: #8910284