16427 Paralee CvAustinTX78717
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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 16427 Paralee Cv, Austin, TX, 78717 offers a 7.38% rental yield on a $645,000 purchase with $3,965/mo rent. 5% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 85.77% and total cumulative return in cash at $182,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,965/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,585 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78717, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,309 (100%) |
| Owner Occupied HU | 7,929 (45.8%) |
| Renter Occupied HU | 8,106 (46.8%) |
| Vacant Housing Units | 1,274 ( 7.4%) |
| Median Home Value | $601,004 |
| Average Home Value | $622,250 |
Housing Distribution
Address Breakdown
Residential
16,229
Single Family
9,563
Multi-Family
6,666
Businesses
723
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