2106 Cullen Ave APT 101AustinTX78757
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2106 Cullen Ave APT 101, Austin, TX, 78757 in Austin carries a 1.58 coverage ratio, rent of $1,310/mo is 1.58 times the $830/mo payment. Rental yield 8.28%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $184,600 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $51,002; total projected cumulative return: $52,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.5% |
| Monthly Cash Flow | $(348) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,310 |
| Total Monthly Debt Service | $1,537 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 2005
1,219 sqft lot
$N/A/sqft
$189 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Housing Distribution
Address Breakdown
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
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
Apartment
Built in 2005
1,219 sqft lot
$N/A/sqft
$189 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Housing Distribution
Address Breakdown
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices