1603 Westlake DrAustinTX78746
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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 1603 Westlake Dr, Austin, TX, 78746 at $1,275,000 posts ROI 6.33% with from $4,335/mo rent. Total monthly income equals $4,335/mo. Return on cash invested measures 6.33% and rental yield reads 4.08% at the current $1,275,000. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 by year five. Five-year ROI prints 31.26% and total cumulative return in cash totals $129,122. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,335/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.54 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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Listed by: Laurel Prats • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #3467418
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-07-24 19:58:47 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)