2050 Lohmans Spur #1804AustinTX78734
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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
Rental property for sale in Austin at 2050 Lohmans Spur #1804, Austin, TX, 78734 generates $3,308/mo in rent and, after a $1,908/mo payment, leaves $536/mo in cash flow. Total monthly income is $3,308/mo, and annual cash flow is $6,429/yr on $129,252 invested. Return on cash invested sits at 24.88% in year one, and rental yield is 10.18% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash sums $168,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,308/mo property income rather than buyer’s personal income.
Condo
Built in 2021
8,934 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78734, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,565 (100%) |
| Owner Occupied HU | 7,586 (71.8%) |
| Renter Occupied HU | 1,989 (18.8%) |
| Vacant Housing Units | 990 ( 9.4%) |
| Median Home Value | $770,107 |
| Average Home Value | $947,171 |
Housing Distribution
Address Breakdown
Residential
10,698
Single Family
9,927
Multi-Family
771
Businesses
1,419
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