








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Austin at 1206 Milford Way, Austin, TX, 78745 priced at $475,000 converts $3,852/mo rent into $474/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,852/mo, and annual cash flow totals $5,689/yr on $157,463 invested. Return on cash invested prints 23.52% in year one, and rental yield reads 9.73% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 123.45% and total cumulative return in cash sums $194,383. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,852/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1974
6,695 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78745, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,423 (100%) |
| Owner Occupied HU | 12,674 (41.7%) |
| Renter Occupied HU | 15,947 (52.4%) |
| Vacant Housing Units | 1,802 ( 5.9%) |
| Median Home Value | $533,609 |
| Average Home Value | $591,818 |
Residential
31,391
Single Family
20,135
Multi-Family
11,256
Businesses
1,728
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Price change | $475,000 |
| 2024-06-26 | Price change | $489,000 |
| 2024-06-14 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $367,012 | 10.00% |
| 2022-08-14 | $5598.74 | N/A | $333,647 | 10.00% |
| 2021-08-14 | N/A | N/A | $303,315 | 10.00% |



Listed by: Jeff Hill • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1127917
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-13 18:06:30 PDT. 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)