1310 Choquette Dr #BAustinTX78757
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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 1310 Choquette Dr #B, Austin, TX, 78757 priced at $800,700 converts $4,750/mo rent into after a $3,919/mo obligation. Total monthly income equals $4,750/mo. Return on cash invested prints 15.76% in year one, and rental yield reads 7.12% against a $800,700 entry. Equity gained on principal adds $5,167/yr, while 5% annual appreciation compiles into $221,219 by year five. Five-year ROI reaches 81.79% and total cumulative return in cash sums $215,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,750/mo property income covering a $3,919/mo payment, not borrower’s personal income.
Townhouse
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Housing Distribution
Address Breakdown
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
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