1006 E Applegate DrAustinTX78753
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1006 E Applegate Dr, Austin, TX, 78753 in Austin speaks for itself: 13.96% gross on a $414,000 price, generating $4,816/mo in rent and $1,872/mo in net income after the $1,862/mo debt service. DSCR 2.59, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $22,459 stacks alongside $114,381 in projected five-year appreciation and $3,813/yr in principal reduction. Projected total cumulative return: $279,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 4.5% |
| Monthly Cash Flow | $1,872 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,816 |
| Total Monthly Debt Service | $2,779 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78753, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,028 (100%) |
| Owner Occupied HU | 6,589 (27.4%) |
| Renter Occupied HU | 15,744 (65.5%) |
| Vacant Housing Units | 1,695 ( 7.1%) |
| Median Home Value | $416,345 |
| Average Home Value | $467,801 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
9,898
Multi-Family
14,562
Businesses
1,374
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
Single Family
Built in 1962
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78753, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,028 (100%) |
| Owner Occupied HU | 6,589 (27.4%) |
| Renter Occupied HU | 15,744 (65.5%) |
| Vacant Housing Units | 1,695 ( 7.1%) |
| Median Home Value | $416,345 |
| Average Home Value | $467,801 |
Housing Distribution
Address Breakdown
Residential
24,460
Single Family
9,898
Multi-Family
14,562
Businesses
1,374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices