








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 1502 Ridgehaven Dr, Austin, TX, 78723 offers a 9.09% rental yield on a $499,000 purchase with $3,778/mo rent. Total monthly income registers $3,778/mo, and a $2,442/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,759/yr on $165,419 to close, and return on cash invested stands at 21.58% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 112.98% and total cumulative return in cash at $186,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,778/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,990 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
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: Lisa Munoz • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #2872112