11970 Jollyville Rd #214AustinTX78759
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11970 Jollyville Rd #214, Austin, TX, 78759 in Austin deserves attention. This $169,700 property earns $2,010/mo in rent, a 14.21% gross yield, and nets $803/mo after the $763/mo payment. DSCR 2.63 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $46,885 compounds alongside $1,563/yr in yearly equity build, for a total cumulative return of $116,733.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 4.5% |
| Monthly Cash Flow | $803 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,010 |
| Total Monthly Debt Service | $1,139 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78759, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,343 (100%) |
| Owner Occupied HU | 8,771 (41.1%) |
| Renter Occupied HU | 11,160 (52.3%) |
| Vacant Housing Units | 1,412 ( 6.6%) |
| Median Home Value | $710,900 |
| Average Home Value | $763,867 |
Housing Distribution
Address Breakdown
Residential
21,936
Single Family
10,480
Multi-Family
11,456
Businesses
2,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1982
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78759, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,343 (100%) |
| Owner Occupied HU | 8,771 (41.1%) |
| Renter Occupied HU | 11,160 (52.3%) |
| Vacant Housing Units | 1,412 ( 6.6%) |
| Median Home Value | $710,900 |
| Average Home Value | $763,867 |
Housing Distribution
Address Breakdown
Residential
21,936
Single Family
10,480
Multi-Family
11,456
Businesses
2,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices