2210 Pearl St APT 306AustinTX78705
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 2210 Pearl St APT 306, Austin, TX, 78705 in Austin offers a clean, manageable entry. Rental yield 6.69%. DSCR 1.28 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $69,733 in additional property value over five years, with $2,325/yr in principal equity building ownership stake. Total projected cumulative return: $70,642.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 4.5% |
| Monthly Cash Flow | $(713) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,448 |
| Total Monthly Debt Service | $1,758 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78705, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,526 (100%) |
| Owner Occupied HU | 1,265 ( 8.1%) |
| Renter Occupied HU | 12,438 (80.1%) |
| Vacant Housing Units | 1,823 (11.7%) |
| Median Home Value | $659,871 |
| Average Home Value | $784,458 |
Housing Distribution
Address Breakdown
Residential
13,291
Single Family
3,438
Multi-Family
9,853
Businesses
953
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
Apartment
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78705, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,526 (100%) |
| Owner Occupied HU | 1,265 ( 8.1%) |
| Renter Occupied HU | 12,438 (80.1%) |
| Vacant Housing Units | 1,823 (11.7%) |
| Median Home Value | $659,871 |
| Average Home Value | $784,458 |
Housing Distribution
Address Breakdown
Residential
13,291
Single Family
3,438
Multi-Family
9,853
Businesses
953
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices