602 SplitrockRound RockTX78681
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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 Round Rock at 602 Splitrock, Round Rock, TX, 78681 offers $2,738/mo rent that, after a $1,713/mo payment, leaves $249/mo cash flow. Total monthly income is $2,738/mo, and annual cash flow is $2,990/yr on $116,025 cash. Return on cash invested measures 22.49% in year one, and rental yield stands at 9.39% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 117.91% and total cumulative return in cash reaches $136,802. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,738/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
9,814 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78681, Round Rock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,825 (100%) |
| Owner Occupied HU | 14,839 (68.0%) |
| Renter Occupied HU | 6,466 (29.6%) |
| Vacant Housing Units | 520 ( 2.4%) |
| Median Home Value | $513,734 |
| Average Home Value | $561,022 |
Housing Distribution
Address Breakdown
Residential
20,641
Single Family
17,756
Multi-Family
2,885
Businesses
1,115
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Listed by: Jaymes Willoughby • Keller Williams Realty
Mls Name: Unlock MLS
Mls ID: #4654181