1908 E 21st St #1, Austin, TX, 78722 | $1,282/mo Cash Flow

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1908 E 21st St #1, Austin, TX, 78722 | $1,282/mo Cash Flow | Ziffy

For Sale

Rental Income

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 1908 E 21st St #1, Austin, TX, 78722 offers a 10.53% rental yield on a $770,000 purchase with $6,758/mo rent. Total monthly income registers $6,758/mo, and a $3,769/mo payment leaves $1,282/mo available for distribution. Annual cash flow reaches $15,386/yr on $253,330 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $4,969/yr while 5% annual appreciation supports $212,737 over five years. Portfolio math shows five-year ROI at 137.42% and total cumulative return in cash at $348,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,758/mo property income against a $3,769/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1935

6,320 sqft lot

$N/A/sqft

No HOA

More details about the property

Prime Investment Opportunity in Austins Hottest Neighborhood! Unlock the potential of this exceptional dual-home property in a high-demand, walkable Austin neighborhoodan investors dream. Featuring two highly desirable rental units, this property offers strong income potential, flexibility, and long-term value appreciation. The back home, built in 2018, is a sleek 2 bed, 2 bath modern residence with open-concept living, stylish finishes, and abundant natural light. Its contemporary design attracts premium tenants and ensures low-maintenance ownership. The front home, a charming 1935 bungalow, retains the character of old Austin while featuring updated kitchen and bath spacesperfect for short- or long-term rentals. With two separate homes on one lot, investors can maximize rental income, house-hack by living in one unit while renting the other, or use it for multi-generational living. Located just minutes from downtown Austin, UT, and major attractions, this property is ideal for students, faculty, and city professionals. Plus, being two blocks from the UT baseball stadium adds even more value for sports fans and visitors. A rare opportunity in one of Austins fastest-growing areasdont miss this chance to secure a high-yield investment in an unbeatable location! (Tax and assessed values are estimates only. All amounts should be verified independently.)

Neighborhood Data

Neighborhood data shown for ZIP Code: 78722, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,344 (100%)
Owner Occupied HU	1,463 (33.7%)
Renter Occupied HU	2,239 (51.5%)
Vacant Housing Units	642 (14.8%)
Median Home Value	$727,708
Average Home Value	$809,064