10616 Mellow Mdws APT 35CAustinTX78750
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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 35C, Austin, TX, 78750 earns $471/mo cash flow from $1,636/mo rent with a $802/mo payment. Total monthly income totals $1,636/mo, and annual cash flow totals $5,648/yr on $54,333 capital. ROI tracks 30.3% on current figures, and rental yield reads 11.98% at a $163,900 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,283 over five years. Five-year ROI reaches 159.82% and total cumulative return in cash sums $86,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,636/mo property income instead of your personal income.
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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