







No similar rental properties found nearby.

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Austin at 16218 Paddlefish Way, Austin, TX, 78738 at $1,125,000 posts ROI 30.73% with $3,147/mo cash flow from $11,200/mo rent. Total monthly income equals $11,200/mo, and annual cash flow records $37,763/yr on $364,500 to close. Return on cash invested measures 30.73% and rental yield reads 11.95% at the current $1,125,000. Equity gained on principal adds $7,259/yr, and 5% annual appreciation supports $310,817 by year five. Five-year ROI prints 162.07% and total cumulative return in cash totals $590,744.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $11,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
$160 quarterly HOA
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
Date | Event | Price |
|---|---|---|
| 2024-06-21 | Price change | $1,125,000 |
| 2024-05-16 | Price change | $1,150,000 |
| 2024-04-19 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.



Listed by: Jenny Wagner • Give Realty, Inc
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1710978
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-13 16:04:51 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](/info/mls-disclaimers/#mls_27)