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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Austin at 2304 Fortune Dr, Austin, TX, 78704 listed at $1,350,000 pairs $3,960/mo rent with a $6,608/mo payment. Total monthly income runs $3,960/mo. Return on cash invested measures 4.9% in year one, and rental yield registers 3.52% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 23.47% and total cumulative return in cash totals $102,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,960/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
9,448 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele Roi • Blairfield Realty LLC
Mls Name: Unlock MLS
Mls ID: #9841448
