2204 Toro Canyon RdAustinTX78746
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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 2204 Toro Canyon Rd, Austin, TX, 78746 offers $4,873/mo rent that, after a $4,837/mo payment. Total monthly income is $4,873/mo. Return on cash invested measures 12.11% in year one, and rental yield stands at 5.92% at a $988,200 entry. Equity gained on principal adds $6,377/yr while 5% annual appreciation compounds into $273,021 by year five. Five-year ROI records 62.2% and total cumulative return in cash reaches $202,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,873/mo property income versus a $4,837/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78746, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,628 (100%) |
| Owner Occupied HU | 7,961 (63.0%) |
| Renter Occupied HU | 3,718 (29.4%) |
| Vacant Housing Units | 949 ( 7.5%) |
| Median Home Value | $1,332,581 |
| Average Home Value | $1,427,247 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,833
Multi-Family
3,315
Businesses
2,484
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