3605 Red Bird Trl, Lago Vista, TX, 78645 | 8.16% Rental Yield

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3605 Red Bird Trl, Lago Vista, TX, 78645 | 8.16% Rental Yield | Ziffy

For Sale

Rental Income

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 Lago Vista at 3605 Red Bird Trl, Lago Vista, TX, 78645 earns from $2,210/mo rent with a $1,591/mo payment. Total monthly income totals $2,210/mo. ROI tracks 18.78% on current figures, and rental yield reads 8.16% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 97.99% and total cumulative return in cash sums $105,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,210/mo property income instead of your personal income.

Manufactured

Built in 1996

0.97 Acres lot

$N/A/sqft

No HOA

More details about the property

3605 Red Bird Trl offers a rare opportunity to own nearly an acre of unrestricted land in Lago Vista. Sitting on a private corner lot, this 4 bedroom, 2 bathroom home combines privacy, flexibility, and convenience just minutes from Lake Travis. The home has been repainted inside and out in the past few years and features several updates throughout. Multiple sheds on the property provide plenty of storage or workspace, and the back portion of the lot has been cleared and is ready for a second dwelling, guest house, or workshopmaking it ideal for multi-use, STR, or multigenerational setups. The home can be sold furnished or unfurnished, offering a turnkey option for those looking to move in quickly or start generating rental income right away. With no HOA and no restrictions, you're free to build, expand, or simply enjoy the space as it is. Whether youre looking for a primary residence, weekend retreat, or investment property, this one checks the boxes. Located in the growing lakeside community of Lago Vista, residents enjoy easy access to Lake Travis for boating, fishing, and swimming, along with nearby Arkansas Bend Park for camping and outdoor recreation. The area is known for its scenic hill country views, relaxed lifestyle, and proximity to Austinmaking it a popular spot for both full-time residents and vacationers alike. This is your chance to own a slice of the Hill Country with room to breathe and the freedom to make it your own.

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