1815 Cullen Ave UNIT 1AustinTX78757
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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 1815 Cullen Ave UNIT 1, Austin, TX, 78757 earns $873/mo cash flow from $8,412/mo rent with a $5,139/mo payment. Total monthly income totals $8,412/mo, and annual cash flow totals $10,474/yr on $340,200 capital. ROI tracks 23.45% on current figures, and rental yield reads 9.61% at a $1,050,000 purchase. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 over five years. Five-year ROI reaches 123.05% and total cumulative return in cash sums $418,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,412/mo property income instead of your personal income.
Condo
Built in 2019
4,382 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Housing Distribution
Address Breakdown
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
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