16009 Cowslip WayAustinTX78724
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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
Investment property for sale in Austin at 16009 Cowslip Way, Austin, TX, 78724 uses $99,204 cash to close to unlock $2,540/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,465/mo payment keeps the spread at $212/mo. Purchase price stands at $299,258, and rental yield measures 9.38% with $2,340/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $82,679 over five years. Five-year ROI reaches 117.79% and total cumulative return in cash records $116,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,465/mo payment rather than investor’s personal income.
Single Family
Built in 2025
4,565 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78724, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,683 (100%) |
| Owner Occupied HU | 6,433 (55.1%) |
| Renter Occupied HU | 4,399 (37.7%) |
| Vacant Housing Units | 851 ( 7.3%) |
| Median Home Value | $382,453 |
| Average Home Value | $396,992 |
Housing Distribution
Address Breakdown
Residential
11,548
Single Family
8,921
Multi-Family
2,627
Businesses
264
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