1707 Spyglass Dr UNIT 73AustinTX78746
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 1707 Spyglass Dr UNIT 73, Austin, TX, 78746 in Austin at $486,500. Rental yield 7.65%. The 7.65% yield and 1.42 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $134,411 by year five, and $4,481/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $120,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.5% |
| Monthly Cash Flow | $(1,080) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,102 |
| Total Monthly Debt Service | $3,988 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1981
N/A lot
$N/A/sqft
$722 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78746, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,628 (100%) |
| Owner Occupied HU | 7,961 (63.0%) |
| Renter Occupied HU | 3,718 (29.4%) |
| Vacant Housing Units | 949 ( 7.5%) |
| Median Home Value | $1,332,581 |
| Average Home Value | $1,427,247 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,833
Multi-Family
3,315
Businesses
2,484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1981
N/A lot
$N/A/sqft
$722 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78746, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,628 (100%) |
| Owner Occupied HU | 7,961 (63.0%) |
| Renter Occupied HU | 3,718 (29.4%) |
| Vacant Housing Units | 949 ( 7.5%) |
| Median Home Value | $1,332,581 |
| Average Home Value | $1,427,247 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,833
Multi-Family
3,315
Businesses
2,484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronald Spencer • Robert Slack LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1799210
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.