1821 Westlake Dr APT 109AustinTX78746
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
Investment Highlights
Investment property for sale in Austin at 1821 Westlake Dr APT 109, Austin, TX, 78746 offers a 3.91% rental yield on a $799,000 purchase with $2,604/mo rent. 01% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 29.48% and total cumulative return in cash at $77,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,604/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
7,731 sqft lot
$N/A/sqft
No 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