2709 E 2nd StAustinTX78702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Austin at 2709 E 2nd St, Austin, TX, 78702 offers a 6.47% rental yield on a $1,000,600 purchase with $5,392/mo rent. 99% in year one. Equity gained on principal adds $6,457/yr while 5% annual appreciation supports $276,447 over five years. Portfolio math shows five-year ROI at 72.26% and total cumulative return in cash at $234,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,392/mo property income against a $4,897/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78702, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,059 (100%) |
| Owner Occupied HU | 5,068 (29.7%) |
| Renter Occupied HU | 9,519 (55.8%) |
| Vacant Housing Units | 2,472 (14.5%) |
| Median Home Value | $763,118 |
| Average Home Value | $851,523 |
Housing Distribution
Address Breakdown
Residential
14,952
Single Family
8,554
Multi-Family
6,398
Businesses
1,386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices