10616 Mellow Mdws APT 19D, Austin, TX, 78750 | $331/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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10616 Mellow Mdws APT 19D, Austin, TX, 78750 | $331/mo Cash Flow | Ziffy

For Sale

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 10616 Mellow Mdws APT 19D, Austin, TX, 78750 uses $60,797 cash to close to unlock $3,978/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $1,636/mo, and a $898/mo payment keeps the spread at $331/mo. Purchase price stands at $183,400, and rental yield measures 10.7% with $1,636/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $50,670 over five years. Five-year ROI reaches 139.18% and total cumulative return in cash records $84,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,636/mo property income covering a $898/mo payment rather than investor’s personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 10616 Mellow Meadows Dr #19D,.. your serene retreat in the heart of Northwest Austin. Move-in ready with brand new full size washer and dryer. This thoughtfully designed inviting condominium offers the perfect balance of comfort and convenience. Picture cozy evenings in the living room, where the fireplace casts a warm and relaxing glow. The kitchen features a spacious peninsula ideal for both everyday meals and entertaining guests. Step outside to enjoy the peaceful, well-maintained surroundings that make this community so special. Inside, you'll find two generously sized bedrooms, including a primary suite with a walk-in closet for ample storage. Two full bathrooms add ease and functionality to daily living. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this charming condo is a wonderful place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78750, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,202 (100%)
Owner Occupied HU	7,338 (60.1%)
Renter Occupied HU	4,422 (36.2%)
Vacant Housing Units	442 ( 3.6%)
Median Home Value	$630,506
Average Home Value	$667,088