900 Arundel RdLakewayTX78738
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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 Lakeway at 900 Arundel Rd, Lakeway, TX, 78738 priced at $1,256,990 converts $11,200/mo rent into $2,052/mo cash flow after a $6,152/mo obligation. Total monthly income equals $11,200/mo, and annual cash flow totals $24,620/yr on $407,265 invested. Return on cash invested prints 26.42% in year one, and rental yield reads 10.69% against a $1,256,990 entry. Equity gained on principal adds $8,111/yr, while 5% annual appreciation compiles into $347,283 by year five. Five-year ROI reaches 139.09% and total cumulative return in cash sums $566,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $11,200/mo property income covering a $6,152/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,585 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Housing Distribution
Address Breakdown
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
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Listed by: Greg Smith • RGS Realty LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #7562884
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-10-17 21:53:50 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)