2401 NW Leon St #110, Austin, TX, 78705 | $5/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2401 NW Leon St #110, Austin, TX, 78705 | $5/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Austin at 2401 NW Leon St #110, Austin, TX, 78705 generates $2,459/mo in rent and, after a $1,689/mo payment, leaves $5/mo in cash flow. Total monthly income is $2,459/mo, and annual cash flow is $63/yr on $114,368 invested. Return on cash invested sits at 19.96% in year one, and rental yield is 8.55% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 104.37% and total cumulative return in cash sums $119,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,459/mo property income rather than buyer’s personal income.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

VACANT UNIT, READY AND UPDATED, Just Listed at The Waterford Condominiums West Campus Living at Its Best! Welcome to this freshly updated 2-bedroom, 2-bathroom condo in the heart of West Campusjust steps from UT Austin, the UT Shuttle, and all the energy of student life, local eats, and Shoal Creek trails! This unit has been recently refreshed with new flooring, paint, and modern lighting, creating a bright and stylish interior that feels move-in ready. With two reserved parking spaces, in-unit laundry, and controlled access entry, this condo checks every box for both investors and owner-occupants. Highlights Include: Two spacious bedrooms and two full bathrooms, Updated flooring, fresh paint, and new lighting fixtures Open-concept living and dining with great natural light, In-unit washer and dryer Two reserved parking spots (garage + exterior), Secure, controlled-access building with covered garage Easy walk or shuttle ride to UT Austin, Vacant and move-in ready perfect for your next home or rental Motivated seller submit your offer today! Whether youre looking to invest in a high-demand rental market or live the UT lifestyle yourself, this unit delivers unbeatable value, location, and flexibility. With the unit vacant, its ready for immediate occupancyor lease it out and enjoy steady cash flow., Location, Location, Location: West Campus isnt just a placeits a vibe. From taco trucks to study spots, nightlife to greenbelt trails, youre in the middle of everything Austin has to offer. Don't miss this opportunity to own a piece of West Campusschedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78705, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,526 (100%)
Owner Occupied HU	1,265 ( 8.1%)
Renter Occupied HU	12,438 (80.1%)
Vacant Housing Units	1,823 (11.7%)
Median Home Value	$659,871
Average Home Value	$784,458