2401 Manor Rd APT 210AustinTX78722
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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 2401 Manor Rd APT 210, Austin, TX, 78722 uses $66,134 cash to close to unlock $2,373/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,616/mo, and a $976/mo payment keeps the spread at $198/mo. Purchase price stands at $199,500, and rental yield measures 9.72% with $1,616/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash records $81,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,616/mo property income covering a $976/mo payment rather than investor’s personal income.
Condo
Built in 1963
832.00 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78722, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,344 (100%) |
| Owner Occupied HU | 1,463 (33.7%) |
| Renter Occupied HU | 2,239 (51.5%) |
| Vacant Housing Units | 642 (14.8%) |
| Median Home Value | $727,708 |
| Average Home Value | $809,064 |
Housing Distribution
Address Breakdown
Residential
3,670
Single Family
2,686
Multi-Family
984
Businesses
182
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