Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Melissa Oaks Ln, Austin, TX, 78744 listed at $310,000 pairs $2,640/mo rent with a $1,517/mo payment to leave $436/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $5,230/yr on $102,765 cash to close. Return on cash invested measures 25% in year one, and rental yield registers 10.22% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 131.33% and total cumulative return in cash totals $134,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
3,868 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,678 (100%) |
| Owner Occupied HU | 10,607 (44.8%) |
| Renter Occupied HU | 11,551 (48.8%) |
| Vacant Housing Units | 1,520 ( 6.4%) |
| Median Home Value | $410,154 |
| Average Home Value | $446,224 |
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
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: Chip Ferguson • All City Real Estate Ltd. Co
Mls Name: Unlock MLS
Mls ID: #1409504
