2020 Tripshaw Ln #65CAustinTX78741
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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 2020 Tripshaw Ln #65C, Austin, TX, 78741 uses $112,677 cash to close to unlock $3,235/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $2,687/mo, and a $1,664/mo payment keeps the spread at $270/mo. Purchase price stands at $339,900, and rental yield measures 9.49% with $2,687/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash records $134,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,687/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Condo
Built in 2014
3,789 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78741, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 3,645 (12.5%) |
| Renter Occupied HU | 22,859 (78.3%) |
| Vacant Housing Units | 2,708 ( 9.3%) |
| Median Home Value | $457,851 |
| Average Home Value | $511,431 |
Housing Distribution
Address Breakdown
Residential
25,937
Single Family
7,789
Multi-Family
18,148
Businesses
755
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