516 Heinatz Flat LnLeanderTX78641
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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
Rental property for sale in Leander at 516 Heinatz Flat Ln, Leander, TX, 78641 offers $2,250/mo rent that, after a $2,001/mo payment. Total monthly income is $2,250/mo. Return on cash invested measures 13.16% in year one, and rental yield stands at 6.6% at a $408,900 entry. Equity gained on principal adds $2,639/yr while 5% annual appreciation compounds into $112,972 by year five. Five-year ROI records 68.2% and total cumulative return in cash reaches $92,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,250/mo property income versus a $2,001/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
7,927 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78641, Leander, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,715 (100%) |
| Owner Occupied HU | 32,207 (70.5%) |
| Renter Occupied HU | 9,266 (20.3%) |
| Vacant Housing Units | 4,242 ( 9.3%) |
| Median Home Value | $526,820 |
| Average Home Value | $606,525 |
Housing Distribution
Address Breakdown
Residential
41,837
Single Family
37,816
Multi-Family
4,021
Businesses
1,109
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