2209 Hancock Dr APT 15AustinTX78756
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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 2209 Hancock Dr APT 15, Austin, TX, 78756 offers a 7.38% rental yield on a $250,000 purchase with $1,538/mo rent. 07% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 48.63% and total cumulative return in cash at $40,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,538/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
2,008 sqft lot
$N/A/sqft
$370 monthly 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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Listed by: Jon Plum • Kuper Sotheby's Int'l Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #9041500
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-06-27 11:47:45 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)