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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 2410 Wheless Ln, Austin, TX, 78723 generates $2,311/mo in rent, after a $1,718/mo payment. Total monthly income is $2,311/mo. Return on cash invested sits at 18% in year one, and rental yield is 7.9% on a $351,000 entry. Equity gained on principal adds $2,265/yr, while 5% annual appreciation builds toward $96,975 over five years. Five-year ROI reaches 93.81% and total cumulative return in cash sums $109,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,311/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Price change | $351,000 |
| 2024-11-28 | Price change | $357,000 |
| 2024-11-23 | Price change | $367,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $392,622 | 10.00% |
| 2023-12-27 | $1490.23 | -36.72% | $356,929 | 10.00% |
| 2022-12-27 | $2354.97 | N/A | $324,481 | 10.00% |
Listed by: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #97649448
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.
