2122 Hancock Dr APT 105AustinTX78756
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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 2122 Hancock Dr APT 105, Austin, TX, 78756 earns from $1,132/mo rent with a $974/mo payment. Total monthly income totals $1,132/mo. ROI tracks 14.76% on current figures, and rental yield reads 6.83% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 76.45% and total cumulative return in cash sums $50,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,132/mo property income instead of your personal income.
Condo
Built in 1968
1,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78756, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,783 (100%) |
| Owner Occupied HU | 1,885 (32.6%) |
| Renter Occupied HU | 3,511 (60.7%) |
| Vacant Housing Units | 387 ( 6.7%) |
| Median Home Value | $813,216 |
| Average Home Value | $905,032 |
Housing Distribution
Address Breakdown
Residential
4,654
Single Family
2,594
Multi-Family
2,060
Businesses
695
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