2301 Lawnmont Ave APT 5AustinTX78756
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2301 Lawnmont Ave APT 5, Austin, TX, 78756 in Austin. Rental yield 6.99%. The 1.30 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $106,368 and $3,546/yr in principal reduction project total return of $115,732.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 4.5% |
| Monthly Cash Flow | $(795) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,243 |
| Total Monthly Debt Service | $2,585 |
| DSCR Ratio | 0.87x |
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.
Condo
Built in 1982
1,494 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
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
Condo
Built in 1982
1,494 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices