3509 Latimer Dr, Austin, TX, 78732 | 7.73% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3509 Latimer Dr, Austin, TX, 78732 | 7.73% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2434 sft

591 Darley Oaks Dr, Dripping Springs, TX, 78620

4 Bed
3 Bath
2332 sft

8205 Burnt Cir, Austin, TX, 78736

4 Bed
3 Bath
2783 sft

Franklin II Plan, Heritage, Dripping Springs, TX, 78620

3 Bed
3 Bath
1842 sft

Randall Plan, Heritage, Dripping Springs, TX, 78620

Nearby investment properties with comparable prices

3 Bed
3 Bath
1935 sft

10103 Twin Lake Loop, Dripping Springs, TX, 78620

3 Bed
3 Bath
2423 sft

335 Lombardia Dr #19E, Lakeway, TX, 78734

3 Bed
2 Bath
1722 sft

10243 Twin Lake Loop, Dripping Springs, TX, 78620

3 Bed
2 Bath
1707 sft

6724 Llano Stage Trl, Austin, TX, 78738

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Austin at 3509 Latimer Dr, Austin, TX, 78732 listed at $515,000 pairs $3,317/mo rent with a $2,521/mo payment. Total monthly income runs $3,317/mo. Return on cash invested measures 17.61% in year one, and rental yield registers 7.73% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 91.72% and total cumulative return in cash totals $155,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,317/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1993

7,727 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover your dream home in the heart of Steiner Ranch! This inviting two-story gem sparkles with fresh paint and abundant natural light, offering open-concept living spaces perfect for cozy nights or lively gatherings. Upstairs, three bedrooms, two bathrooms, and a spacious laundry room create a comfortable layout designed for modern living. The oversized primary suite offers enough room for a cozy seating area or nursery, while the third bedroom stands out for its impressive size - perfect for guests, a home office, or a media space. Downstairs, unwind on the screened-in porch, sipping coffee or hosting friends while surrounded by a private, shaded backyard. Experience your own serene escape. Steiner Ranch delivers an unmatched lifestyle with highly-rated schools, multiple community pools, tennis courts, parks, and miles of scenic trails, all just steps from the natural beauty of Lake Austin. Don't miss this chance to own a slice of Steiner Ranch paradise!

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