113 Nelray Blvd #1AustinTX78751
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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 113 Nelray Blvd #1, Austin, TX, 78751 listed at $1,396,900 pairs $0/mo rent with a $6,837/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.97% in year one, and rental yield registers 0% at a $1,396,900 basis. Equity gained on principal adds $9,014/yr, and annual property appreciation at 5% supports $385,938 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $6,837/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78751, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,296 (100%) |
| Owner Occupied HU | 2,452 (23.8%) |
| Renter Occupied HU | 7,140 (69.3%) |
| Vacant Housing Units | 704 ( 6.8%) |
| Median Home Value | $753,804 |
| Average Home Value | $818,216 |
Housing Distribution
Address Breakdown
Residential
10,040
Single Family
4,620
Multi-Family
5,420
Businesses
596
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