2106 Morley Dr #141AustinTX78752
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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 2106 Morley Dr #141, Austin, TX, 78752 uses $69,582 cash to close to unlock $249/yr annual cash flow and $21/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $1,027/mo payment keeps the spread at $21/mo. Purchase price stands at $209,900, and rental yield measures 8.65% with $1,513/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 105.97% and total cumulative return in cash records $73,736. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Condo
Built in 1977
5,684 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78752, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 1,982 (19.1%) |
| Renter Occupied HU | 7,004 (67.4%) |
| Vacant Housing Units | 1,406 (13.5%) |
| Median Home Value | $493,660 |
| Average Home Value | $517,206 |
Housing Distribution
Address Breakdown
Residential
10,276
Single Family
3,895
Multi-Family
6,381
Businesses
1,158
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