1101 Grove Blvd #203, Austin, TX, 78741 | $279/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1101 Grove Blvd #203, Austin, TX, 78741 | $279/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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1201 Grove Blvd APT 203, Austin, TX, 78741

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 1101 Grove Blvd #203, Austin, TX, 78741 earns $279/mo cash flow from $2,519/mo rent with a $1,542/mo payment. Total monthly income totals $2,519/mo, and annual cash flow totals $3,345/yr on $104,423 capital. ROI tracks 23.11% on current figures, and rental yield reads 9.6% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 121.23% and total cumulative return in cash sums $126,593. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.

Townhouse

Built in 2014

2,731 sqft lot

$N/A/sqft

No HOA

More details about the property

**Ask about CREATIVE/OWNER FINANCING at a 3.75% RATE.** The Townhomes at Riverside Grove gated community is located in a prime East Austin location off Riverside within minutes to the Lady Bird Lake trail and downtown Austin. This two story townhome features an open-concept floor plan, with a spacious living area that flows effortlessly into the modern kitchen and dining spaceideal for both entertaining and everyday living. The kitchen features sleek countertops, a center island, and plenty of room for cooking and gathering. A convenient half bath is tucked just off the living area for guests. Step outside to a private back patio that offers a peaceful retreat, perfect for enjoying morning coffee or winding down in the evening. Two assigned covered parking spots are located right outside your back door, making daily life simple and stress-free. Upstairs, youll find two generously sized bedrooms, each with its own en-suite bath and closet, creating the perfect setup for privacy or hosting guests. Residents of Riverside Grove enjoy the security of a gated community along with desirable amenities such as a pool and fitness centerall just minutes from downtown Austins dining, nightlife, and entertainment. *Information deemed reliable but not guaranteed. Buyer to independently verify all information including but not limited to square footage, year built, schools, taxes, restrictions, hoa dues, etc.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78741, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,212 (100%)
Owner Occupied HU	3,645 (12.5%)
Renter Occupied HU	22,859 (78.3%)
Vacant Housing Units	2,708 ( 9.3%)
Median Home Value	$457,851
Average Home Value	$511,431