1601 East Slaughter Lane 343 Plan, River Ridge EstatesAustinTX78747
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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 1601 East Slaughter Lane 343 Plan, River Ridge Estates, Austin, TX, 78747 generates $2,574/mo in rent and, after a $685/mo payment, leaves $1,579/mo in cash flow. Total monthly income is $2,574/mo, and annual cash flow is $18,944/yr on $46,408 invested. Return on cash invested sits at 60.73% in year one, and rental yield is 22.06% on a $139,995 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,678 over five years. Five-year ROI reaches 322.98% and total cumulative return in cash sums $149,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,574/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Housing Distribution
Address Breakdown
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
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