1015 E Yager Ln UNIT 185AustinTX78753
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
Investment property for sale in Austin at 1015 E Yager Ln UNIT 185, Austin, TX, 78753 uses $71,239 cash to close to unlock $1,496/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,921/mo, and a $1,052/mo payment keeps the spread at $125/mo. Purchase price stands at $214,900, and rental yield measures 10.73% with $1,921/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 116.96% and total cumulative return in cash records $83,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,921/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1984
4,142 sqft lot
$N/A/sqft
$268 monthly 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
Listed by: James Morelli • JAM Properties
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #9641556
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-26 22:14:37 PST. 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)