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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1701 Simond Ave UNIT 510, Austin, TX, 78723 listed at $437,750 pairs $1,412/mo rent with a $2,143/mo payment. Total monthly income runs $1,412/mo. Return on cash invested measures 5.84% in year one, and rental yield registers 3.87% at a $437,750 basis. Equity gained on principal adds $2,825/yr, and annual property appreciation at 5% supports $120,942 by year five. Five-year ROI tracks 28.61% and total cumulative return in cash totals $41,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,412/mo property income relative to a $2,143/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
696.96 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andres Bustamante • Realty of America, LLC
Mls Name: Unlock MLS
Mls ID: #6181688
