1837 Friars Tale LnAustinTX78748
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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 1837 Friars Tale Ln, Austin, TX, 78748 offers $2,575/mo rent that, after a $1,738/mo payment, leaves $50/mo cash flow. Total monthly income is $2,575/mo, and annual cash flow is $601/yr on $117,683 cash. Return on cash invested measures 20.42% in year one, and rental yield stands at 8.7% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 106.82% and total cumulative return in cash reaches $125,712. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,575/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78748, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,666 (100%) |
| Owner Occupied HU | 13,804 (51.8%) |
| Renter Occupied HU | 11,383 (42.7%) |
| Vacant Housing Units | 1,479 ( 5.5%) |
| Median Home Value | $500,145 |
| Average Home Value | $569,497 |
Housing Distribution
Address Breakdown
Residential
25,080
Single Family
17,465
Multi-Family
7,615
Businesses
822
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