10616 Mellow Mdws APT 26CAustinTX78750
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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
Investment Highlights
Investment property for sale in Austin at 10616 Mellow Mdws APT 26C, Austin, TX, 78750 offers a 9.16% rental yield on a $163,000 purchase with $1,244/mo rent. Total monthly income registers $1,244/mo, and a $798/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,016/yr on $54,035 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $1,052/yr while 5% annual appreciation supports $45,034 over five years. Portfolio math shows five-year ROI at 114.19% and total cumulative return in cash at $61,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,244/mo property income against a $798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
8,452
Multi-Family
3,100
Businesses
887
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