1822 Rainy Meadows DrAustinTX78758
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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
Rental property for sale in Austin at 1822 Rainy Meadows Dr, Austin, TX, 78758 generates $2,640/mo in rent and, after a $1,811/mo payment, leaves $9/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $106/yr on $122,655 invested. Return on cash invested sits at 20% in year one, and rental yield is 8.56% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash sums $128,177. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
4,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78758, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,558 (100%) |
| Owner Occupied HU | 5,587 (19.6%) |
| Renter Occupied HU | 19,634 (68.8%) |
| Vacant Housing Units | 3,337 (11.7%) |
| Median Home Value | $483,369 |
| Average Home Value | $543,039 |
Housing Distribution
Address Breakdown
Residential
25,028
Single Family
9,652
Multi-Family
15,376
Businesses
2,203
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