505 PierceBurnetTX78611
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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 505 Pierce, Burnet, TX, 78611 uses $64,643 cash to close to unlock $6,405/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $954/mo payment keeps the spread at $534/mo. Purchase price stands at $195,000, and rental yield measures 11.82% with $1,920/mo rent. Return on cash invested shows 29.82% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 157.19% and total cumulative return in cash records $101,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,712 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
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