1503 Norseman TerAustinTX78758
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1503 Norseman Ter, Austin, TX, 78758 with 5% annual appreciation on a $446,400 basis while $2,401/mo rent supports operations. 64% in year one. Equity gained on principal adds $2,881/yr, and five-year appreciation sums $123,332 alongside rental yield of 6.45%. Five-year ROI measures 70.42% and total cumulative return in cash totals $104,212. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,401/mo property income versus a $2,185/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78758, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,558 (100%) |
| Owner Occupied HU | 5,587 (19.6%) |
| Renter Occupied HU | 19,634 (68.8%) |
| Vacant Housing Units | 3,337 (11.7%) |
| Median Home Value | $483,369 |
| Average Home Value | $543,039 |
Housing Distribution
Address Breakdown
Residential
25,028
Single Family
9,652
Multi-Family
15,376
Businesses
2,203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices