2308 Lou John StAustinTX78727
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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
Investment property for sale in Austin at 2308 Lou John St, Austin, TX, 78727 offers a 8.02% rental yield on a $488,400 purchase with $3,265/mo rent. 66% in year one. Equity gained on principal adds $3,152/yr while 5% annual appreciation supports $134,936 over five years. Portfolio math shows five-year ROI at 92.26% and total cumulative return in cash at $149,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,265/mo property income against a $2,390/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
8,712 sqft lot
$N/A/sqft
$13 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78727, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,798 (100%) |
| Owner Occupied HU | 5,888 (37.3%) |
| Renter Occupied HU | 8,543 (54.1%) |
| Vacant Housing Units | 1,367 ( 8.7%) |
| Median Home Value | $574,177 |
| Average Home Value | $622,311 |
Housing Distribution
Address Breakdown
Residential
14,136
Single Family
7,988
Multi-Family
6,148
Businesses
404
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