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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 2450 Wickersham Ln APT 601, Austin, TX, 78741 generates $2,204/mo in rent, after a $1,175/mo payment. Total monthly income is $2,204/mo. Return on cash invested sits at 19.77% in year one, and rental yield is 11.02% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash sums $84,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,204/mo property income rather than buyer’s personal income.
Condo
Built in 1985
3,097 sqft lot
$N/A/sqft
$506 monthly HOA
Neighborhood data shown for ZIP Code: 78741, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 3,645 (12.5%) |
| Renter Occupied HU | 22,859 (78.3%) |
| Vacant Housing Units | 2,708 ( 9.3%) |
| Median Home Value | $457,851 |
| Average Home Value | $511,431 |
Residential
25,937
Single Family
7,789
Multi-Family
18,148
Businesses
755
Date | Event | Price |
|---|---|---|
| 2024-07-08 | Price change | $240,000 |
| 2024-06-20 | Price change | $259,000 |
| 2024-05-13 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lauren Tindal • Coldwell Banker Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2985725
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-16 04:11:55 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)
