1603 Westover RdAustinTX78703
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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 1603 Westover Rd, Austin, TX, 78703 generates $6,274/mo in rent, after a $8,258/mo payment. Total monthly income is $6,274/mo. Return on cash invested sits at 7.8% in year one, and rental yield is 4.46% on a $1,687,200 entry. Equity gained on principal adds $10,887/yr, while 5% annual appreciation builds toward $466,142 over five years. Five-year ROI reaches 39.08% and total cumulative return in cash sums $213,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,274/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78703, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 5,534 (51.8%) |
| Renter Occupied HU | 4,210 (39.4%) |
| Vacant Housing Units | 936 ( 8.8%) |
| Median Home Value | $1,408,910 |
| Average Home Value | $1,473,709 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
7,163
Multi-Family
4,445
Businesses
1,192
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