801 Corvallis DrLeanderTX78641
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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 801 Corvallis Dr, Leander, TX, 78641 priced at $489,990 pairs $2,400/mo rent with after a $2,398/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 11.9% in year one, and rental yield stands at 5.88% on a $489,990 basis. Equity gained on principal adds $3,162/yr, and 5% annual appreciation accumulates to $135,375 by year five. Five-year ROI measures 61.09% and total cumulative return in cash reaches $99,237. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,664 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
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