2320 gracy farms #927AustinTX78758
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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 2320 gracy farms #927, Austin, TX, 78758 generates $1,297/mo in rent and, after a $827/mo payment, leaves $95/mo in cash flow. Total monthly income is $1,297/mo, and annual cash flow is $1,145/yr on $56,024 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 9.21% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 115.04% and total cumulative return in cash sums $64,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,297/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78758, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,558 (100%) |
| Owner Occupied HU | 5,587 (19.6%) |
| Renter Occupied HU | 19,634 (68.8%) |
| Vacant Housing Units | 3,337 (11.7%) |
| Median Home Value | $483,369 |
| Average Home Value | $543,039 |
Housing Distribution
Address Breakdown
Residential
25,028
Single Family
9,652
Multi-Family
15,376
Businesses
2,203
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