1702 Cinnamon PathAustinTX78704
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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
Total monthly income runs $5,375/mo, and a $3,817/mo payment. Purchase price stands at $779,900, and rental yield measures 8.27% with $5,375/mo rent. Return on cash invested shows 19.26% in year one, and 5% annual appreciation builds toward $215,472 over five years. Five-year ROI reaches 100.56% and total cumulative return in cash records $258,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,375/mo property income covering a $3,817/mo payment rather than investor’s personal income.
Multi Family
Built in 1982
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Housing Distribution
Address Breakdown
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
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