1015 E Yager Ln UNIT 187AustinTX78753
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1015 E Yager Ln UNIT 187, Austin, TX, 78753 in Austin deserves attention. This $189,990 property earns $1,861/mo in rent, a 11.76% gross yield, and nets $510/mo after the $854/mo payment. DSCR 2.18 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $52,491 compounds alongside $1,750/yr in yearly equity build, for a total cumulative return of $105,648.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 4.5% |
| Monthly Cash Flow | $510 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,861 |
| Total Monthly Debt Service | $1,275 |
| DSCR Ratio | 1.46x |
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.
Condo
Built in 1984
4,965 sqft 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
Condo
Built in 1984
4,965 sqft 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