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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 604, Austin, TX, 78741 generates $1,345/mo in rent, after a $979/mo payment. Total monthly income is $1,345/mo. Return on cash invested sits at 18.51% in year one, and rental yield is 8.07% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 96.55% and total cumulative return in cash sums $64,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,345/mo property income rather than buyer’s personal income.
Condo
Built in 1985
3,097 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Alexander • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #9125951
