1900 Scofield Ridge Pkwy APT 203, Austin, TX, 78727 | 6.93% Rental Yield

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1900 Scofield Ridge Pkwy APT 203, Austin, TX, 78727 | 6.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 1900 Scofield Ridge Pkwy APT 203, Austin, TX, 78727 earns from $1,901/mo rent with a $1,610/mo payment. Total monthly income totals $1,901/mo. ROI tracks 15.09% on current figures, and rental yield reads 6.93% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 78.19% and total cumulative return in cash sums $85,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,901/mo property income instead of your personal income.

Condo

Built in 2003

5,183 sqft lot

$N/A/sqft

No HOA

More details about the property

Stunning condo in North Austin! Located in the desirable gated Scofield Ridge community, this lovely home includes 2 bedrooms, office/flex room and 2.5 bathrooms. The inviting living space features an open floor plan with a cozy fireplace, ample kitchen space, breakfast bar and abundant natural light. The primary suite includes an ensuite bathroom with separate tub and shower, dual vanity, and walk-in closet. A spacious flex room offers endless possibilities - perfect for a home office, workout space, playroom or additional living area. You will enjoy a surround sound system with speakers in every room and lots of storage. An attached 2 car garage, oversized covered patio and a cozy private backyard with no neighbors behind complete this lovely home. Recent updates include a new roof, new water heater, laminate flooring throughout, remodeled bathrooms, and custom-built storage in the primary bedroom. The HOA fees cover water, waste water, and trash. Dont miss your chance to own this amazing home with access to a community gym, clubhouse, and pool! Minutes away from Mopac & 35, Arboretum, the Domain, MetroRail, and more.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78727, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,798 (100%)
Owner Occupied HU	5,888 (37.3%)
Renter Occupied HU	8,543 (54.1%)
Vacant Housing Units	1,367 ( 8.7%)
Median Home Value	$574,177
Average Home Value	$622,311