Bingham Plan, South BrookLeanderTX78641
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 Bingham Plan, South Brook, Leander, TX, 78641 priced at $374,990 converts $2,329/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,329/mo. Return on cash invested prints 16.65% in year one, and rental yield reads 7.45% against a $374,990 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,603 by year five. Five-year ROI reaches 86.6% and total cumulative return in cash sums $107,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,329/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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
