1017 Cripple Creek Dr, Austin, TX, 78758 | $787/mo Cash Flow

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1017 Cripple Creek Dr, Austin, TX, 78758 | $787/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 1017 Cripple Creek Dr, Austin, TX, 78758 listed at $324,500 pairs $3,094/mo rent with a $1,588/mo payment to leave $787/mo cash flow. Total monthly income runs $3,094/mo, and annual cash flow reaches $9,440/yr on $107,572 cash to close. Return on cash invested measures 28.68% in year one, and rental yield registers 11.44% at a $324,500 basis. Equity gained on principal adds $2,094/yr, and annual property appreciation at 5% supports $89,653 by year five. Five-year ROI tracks 151.1% and total cumulative return in cash totals $162,540. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,094/mo property income relative to a $1,588/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

9,626 sqft lot

$N/A/sqft

No HOA

More details about the property

Opportunity knocks in North Austin. Here is your chance to build sweat equity in a spacious home located in a well-established neighborhood with no HOA. Bring your imagination and turn this 4-bedroom, 3-bathroom property into the home of your dreams. The layout includes a formal living area, a cozy family room with a fireplace and a converted garage that serves as the 4th bedroom or can be used as a guest room with own bathroom, game room or home office. Located just minutes from The Domain, Q2 Stadium, The Arboretum and major employees like Apple, Amazon, Google and Samsung. Dont miss this rare opportunity to own a versatile home. Whether youre an investor or a buyer with a vision, this property is full of potential!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78758, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,558 (100%)
Owner Occupied HU	5,587 (19.6%)
Renter Occupied HU	19,634 (68.8%)
Vacant Housing Units	3,337 (11.7%)
Median Home Value	$483,369
Average Home Value	$543,039