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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% |
Investment property for sale in Austin at 2408 Longview St APT 211, Austin, TX, 78705 offers a 8.6% rental yield on a $240,000 purchase with $1,720/mo rent. Total monthly income registers $1,720/mo, and a $1,175/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $156/yr on $79,560 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 105.1% and total cumulative return in cash at $83,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,720/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
914.76 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78705, Austin, TX area.
| 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 |
Residential
13,291
Single Family
3,438
Multi-Family
9,853
Businesses
953
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Price change | $240,000 |
| 2025-06-13 | Listed for rent | $1,300 |
| 2025-04-22 | Listing removed | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-06-27 | N/A | N/A | $235,450 | 2.10% |
| 2020-06-27 | $5216.07 | N/A | $230,600 | N/A |
| 2019-06-27 | N/A | N/A | $230,600 | 1.30% |
Listed by: David Johnson • Westbank Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2655313
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-06-27 05:47:13 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](/mls-disclaimers/#27)
