10612 Legends LnAustinTX78747
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 10612 Legends Ln, Austin, TX, 78747 in Austin. Rental yield 4.55%. At $789,500 with 4.55% gross yield, current distributions are modest, but the 5% appreciation rate projects $218,124 in new equity by year five, complemented by $7,271/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.84) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $123,303.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 4.5% |
| Monthly Cash Flow | $(2,797) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,996 |
| Total Monthly Debt Service | $5,480 |
| DSCR Ratio | 0.55x |
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.
Single Family
Built in 1983
6,799 sqft lot
$N/A/sqft
$694 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Housing Distribution
Address Breakdown
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
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 1983
6,799 sqft lot
$N/A/sqft
$694 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Housing Distribution
Address Breakdown
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices