621 Luther DrGeorgetownTX78628
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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 Georgetown at 621 Luther Dr, Georgetown, TX, 78628 earns $642/mo cash flow from $3,671/mo rent with a $2,085/mo payment. Total monthly income totals $3,671/mo, and annual cash flow totals $7,700/yr on $141,219 capital. ROI tracks 25.36% on current figures, and rental yield reads 10.34% at a $426,000 purchase. Equity gained on principal adds $2,749/yr, and 5% annual appreciation supports $117,696 over five years. Five-year ROI reaches 133.29% and total cumulative return in cash sums $188,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,671/mo property income instead of your personal income.
Multi Family
Built in 1985
7,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78628, Georgetown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,063 (100%) |
| Owner Occupied HU | 17,834 (68.4%) |
| Renter Occupied HU | 5,988 (23.0%) |
| Vacant Housing Units | 2,241 ( 8.6%) |
| Median Home Value | $621,770 |
| Average Home Value | $685,602 |
Housing Distribution
Address Breakdown
Residential
21,819
Single Family
18,594
Multi-Family
3,225
Businesses
830
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Listed by: Andee Young • Haven Homes
Mls Name: Central Texas MLS
Mls ID: #589958