12604 Red Sparrow St #14AustinTX78729
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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 12604 Red Sparrow St #14, Austin, TX, 78729 listed at $500,000 pairs $2,234/mo rent with a $2,447/mo payment. Total monthly income runs $2,234/mo. Return on cash invested measures 10.34% in year one, and rental yield registers 5.36% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 52.75% and total cumulative return in cash totals $87,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,234/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78729, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,395 (100%) |
| Owner Occupied HU | 5,342 (34.7%) |
| Renter Occupied HU | 9,442 (61.3%) |
| Vacant Housing Units | 611 ( 4.0%) |
| Median Home Value | $489,566 |
| Average Home Value | $533,615 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
7,344
Multi-Family
7,507
Businesses
552
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