200 Bright Sky DriveAustinTX78737
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
Rental property for sale in Austin at 200 Bright Sky Drive, Austin, TX, 78737 priced at $1,190,000 converts $5,039/mo rent into after a $5,824/mo obligation. Total monthly income equals $5,039/mo. Return on cash invested prints 9.39% in year one, and rental yield reads 5.08% against a $1,190,000 entry. Equity gained on principal adds $7,679/yr, while 5% annual appreciation compiles into $328,775 by year five. Five-year ROI reaches 47.68% and total cumulative return in cash sums $183,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,039/mo property income covering a $5,824/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.37 Acres lot
$N/A/sqft
$318 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78737, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 7,449 (81.3%) |
| Renter Occupied HU | 1,335 (14.6%) |
| Vacant Housing Units | 376 ( 4.1%) |
| Median Home Value | $721,648 |
| Average Home Value | $794,069 |
Housing Distribution
Address Breakdown
Residential
9,051
Single Family
7,880
Multi-Family
1,171
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lesli Akers • Keller Williams - Lake Travis
Mls Name: HLMLS
Mls Provider:
Mls ID: #173726
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.