1800 Lavaca St #A-702AustinTX78701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1800 Lavaca St #A-702, Austin, TX, 78701 in Austin speaks for itself: 15.53% gross on a $209,500 price, generating $2,711/mo in rent and $711/mo in net income after the $942/mo debt service. DSCR 2.88, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,532 stacks alongside $57,881 in projected five-year appreciation and $1,930/yr in principal reduction. Projected total cumulative return: $128,290.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 4.5% |
| Monthly Cash Flow | $711 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,711 |
| Total Monthly Debt Service | $1,916 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1966
261.36 sqft lot
$N/A/sqft
$510 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
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 1966
261.36 sqft lot
$N/A/sqft
$510 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices