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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 2511 Sherwood Ln, Austin, TX, 78704 earns $5,709/mo cash flow from $11,220/mo rent with a $3,793/mo payment. Total monthly income totals $11,220/mo, and annual cash flow totals $68,509/yr on $254,975 capital. ROI tracks 46.93% on current figures, and rental yield reads 17.37% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 248.94% and total cumulative return in cash sums $634,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $11,220/mo property income instead of your personal income.
Multi Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
Date | Event | Price |
|---|---|---|
| 2024-09-10 | Price change | $775,000 |
| 2024-08-13 | Price change | $785,000 |
| 2024-07-18 | Listed for sale | $795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $11537.01 | -16.61% | $637,670 | -17.98% |
| 2022-10-23 | $13835.75 | N/A | $777,455 | 52.11% |
| 2021-10-23 | N/A | N/A | $511,100 | 13.83% |
Listed by: Edwin Lui • Storehouse Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1333621
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-10-23 16:11:38 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)
