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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% |
Rental property for sale in Austin at 1305 Salina St #1, Austin, TX, 78702 generates $3,041/mo in rent and, after a $1,884/mo payment, leaves $304/mo in cash flow. Total monthly income is $3,041/mo, and annual cash flow is $3,643/yr on $127,628 invested. Return on cash invested sits at 22.76% in year one, and rental yield is 9.48% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 119.37% and total cumulative return in cash sums $152,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,041/mo property income rather than buyer’s personal income.
Condo
Built in 1951
3,192 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78702, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,059 (100%) |
| Owner Occupied HU | 5,068 (29.7%) |
| Renter Occupied HU | 9,519 (55.8%) |
| Vacant Housing Units | 2,472 (14.5%) |
| Median Home Value | $763,118 |
| Average Home Value | $851,523 |
Residential
14,952
Single Family
8,554
Multi-Family
6,398
Businesses
1,386
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ronnie Lopez • Tree Realty, LLC
Mls Name: Unlock MLS
Mls ID: #5747937
