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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% |
Rental property for sale in Austin at 2401 E 6th St APT 3045, Austin, TX, 78702 generates $2,220/mo in rent, after a $1,591/mo payment. Total monthly income is $2,220/mo. Return on cash invested sits at 16.57% in year one, and rental yield is 8.2% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 87.02% and total cumulative return in cash sums $93,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1,014 sqft lot
$N/A/sqft
$208 monthly HOA
Neighborhood data shown for ZIP Code: 78702, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,059 (100%) |
| Owner Occupied HU | 5,068 (29.7%) |
| Renter Occupied HU | 9,519 (55.8%) |
| Vacant Housing Units | 2,472 (14.5%) |
| Median Home Value | $763,118 |
| Average Home Value | $851,523 |
Residential
14,952
Single Family
8,554
Multi-Family
6,398
Businesses
1,386
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Listed for sale | $325,000 |
| 2023-10-31 | Listing removed | N/A |
| 2023-10-08 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Adam Zell • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8032722
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-14 06:43:53 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)
