1602 Wild Basin LedgeAustinTX78746
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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 1602 Wild Basin Ledge, Austin, TX, 78746 generates $5,263/mo in rent, after a $7,709/mo payment. Total monthly income is $5,263/mo. Return on cash invested sits at 6.41% in year one, and rental yield is 4.01% on a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 31.58% and total cumulative return in cash sums $161,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,263/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78746, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,628 (100%) |
| Owner Occupied HU | 7,961 (63.0%) |
| Renter Occupied HU | 3,718 (29.4%) |
| Vacant Housing Units | 949 ( 7.5%) |
| Median Home Value | $1,332,581 |
| Average Home Value | $1,427,247 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,833
Multi-Family
3,315
Businesses
2,484
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