2304 N Cuernavaca DrAustinTX78733
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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
Rental property for sale in Austin at 2304 N Cuernavaca Dr, Austin, TX, 78733 offers $4,950/mo rent that, after a $9,422/mo payment. Total monthly income is $4,950/mo. Return on cash invested measures 3.26% in year one, and rental yield stands at 3.09% at a $1,925,000 entry. Equity gained on principal adds $12,422/yr while 5% annual appreciation compounds into $531,842 by year five. Five-year ROI records 14.8% and total cumulative return in cash reaches $92,320. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,950/mo property income versus a $9,422/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.04 Acres lot
$N/A/sqft
$154 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78733, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,269 (100%) |
| Owner Occupied HU | 2,721 (83.2%) |
| Renter Occupied HU | 426 (13.0%) |
| Vacant Housing Units | 122 ( 3.7%) |
| Median Home Value | $970,301 |
| Average Home Value | $1,143,350 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,330
Multi-Family
14
Businesses
93
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Listed by: Kim Sherman • Resident Realty, LTD.
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #3589191
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-13 14:34:41 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](/info/mls-disclaimers/#mls_27)