611 Clearcreek DrLeanderTX78641
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 611 Clearcreek Dr, Leander, TX, 78641 offers $2,400/mo rent that, after a $1,554/mo payment, leaves $142/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $1,707/yr on $105,251 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 9.07% at a $317,500 entry. Equity gained on principal adds $2,049/yr while 5% annual appreciation compounds into $87,719 by year five. Five-year ROI records 112.78% and total cumulative return in cash reaches $118,702. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,554/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,413 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices