101 Clearday Dr APT 117AustinTX78745
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.65 makes 101 Clearday Dr APT 117, Austin, TX, 78745 in Austin one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.88%. The 8.88% yield, 5% annual appreciation ($73,325 over five years), and $2,444/yr in principal reduction project a total cumulative return of $82,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 4.5% |
| Monthly Cash Flow | $(323) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,964 |
| Total Monthly Debt Service | $2,182 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1981
3,789 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78745, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,423 (100%) |
| Owner Occupied HU | 12,674 (41.7%) |
| Renter Occupied HU | 15,947 (52.4%) |
| Vacant Housing Units | 1,802 ( 5.9%) |
| Median Home Value | $533,609 |
| Average Home Value | $591,818 |
Housing Distribution
Address Breakdown
Residential
31,391
Single Family
20,135
Multi-Family
11,256
Businesses
1,728
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
Condo
Built in 1981
3,789 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78745, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,423 (100%) |
| Owner Occupied HU | 12,674 (41.7%) |
| Renter Occupied HU | 15,947 (52.4%) |
| Vacant Housing Units | 1,802 ( 5.9%) |
| Median Home Value | $533,609 |
| Average Home Value | $591,818 |
Housing Distribution
Address Breakdown
Residential
31,391
Single Family
20,135
Multi-Family
11,256
Businesses
1,728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices