2106 Cullen Ave APT 101AustinTX78757
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 2106 Cullen Ave APT 101, Austin, TX, 78757 generates $1,310/mo in rent, after a $904/mo payment. Total monthly income is $1,310/mo. Return on cash invested sits at 14% in year one, and rental yield is 8.52% on a $184,600 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation builds toward $51,002 over five years. Five-year ROI reaches 74.49% and total cumulative return in cash sums $45,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,310/mo property income rather than buyer’s personal income.
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