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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Austin at 12608 Summer Springs Pass, Austin, TX, 78747 offers a 6.75% rental yield on a $532,731 purchase with $2,996/mo rent. 26% in year one. Equity gained on principal adds $3,438/yr while 5% annual appreciation supports $147,184 over five years. Portfolio math shows five-year ROI at 73.9% and total cumulative return in cash at $129,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,996/mo property income against a $2,607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,375 sqft lot
$N/A/sqft
$55 monthly HOA
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Price change | $532,731 |
| 2024-09-27 | Listed for sale | $549,731 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jenn Hickman & Kristin Butler • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A
