2005 Glen Allen St #101-102-103AustinTX78704
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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
Investment property for sale in Austin at 2005 Glen Allen St #101-102-103, Austin, TX, 78704 uses $154,148 cash to close to unlock $5,151/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $3,736/mo, and a $2,276/mo payment keeps the spread at $429/mo. Purchase price stands at $465,000, and rental yield measures 9.64% with $3,736/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 121.99% and total cumulative return in cash records $188,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,736/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Multi Family
Built in 1976
6,063 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Housing Distribution
Address Breakdown
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
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