1203 Southport DrAustinTX78704
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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
Rental property for sale in Austin at 1203 Southport Dr, Austin, TX, 78704 offers $7,253/mo rent that, after a $4,160/mo payment, leaves $994/mo cash flow. Total monthly income is $7,253/mo, and annual cash flow is $11,922/yr on $279,650 cash. Return on cash invested measures 24.32% in year one, and rental yield stands at 10.24% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 128.04% and total cumulative return in cash reaches $358,066. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,253/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1981
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Housing Distribution
Address Breakdown
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
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Listed by: Monte Davis • Monte Davis Realty Group, Corp
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1919544
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-12 11:54:33 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)