6833 Destination WayLeanderTX78645
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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 6833 Destination Way, Leander, TX, 78645 offers $6,102/mo rent that, after a $4,454/mo payment. Total monthly income is $6,102/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 8.05% at a $910,000 entry. Equity gained on principal adds $5,872/yr while 5% annual appreciation compounds into $251,416 by year five. Five-year ROI records 92.79% and total cumulative return in cash reaches $277,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,102/mo property income versus a $4,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
$615 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Housing Distribution
Address Breakdown
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
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Listed by: Michelle Varela • Keller Williams Realty C. P.
Mls Name: SABOR
Mls Provider:
Mls ID: #1815350
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.