2906 French Pl, Austin, TX, 78722 | 6.26% Rental Yield

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2906 French Pl, Austin, TX, 78722 | 6.26% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 2906 French Pl, Austin, TX, 78722 earns from $3,780/mo rent with a $3,549/mo payment. Total monthly income totals $3,780/mo. ROI tracks 13.14% on current figures, and rental yield reads 6.26% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 67.71% and total cumulative return in cash sums $161,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,780/mo property income instead of your personal income.

Single Family

Built in 1940

6,107 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming cottage, located in the highly sought-after Cherrywood neighborhood, is brimming with character and modern updates. It offers the perfect blend of old-world charm This charming cottage, located in the highly sought-after Cherrywood neighborhood, is brimming with character and modern updates. It offers the perfect blend of old-world charm and contemporary comfort. As you step inside, you're immediately greeted by sun-drenched living spaces, original details, and thoughtful upgrades throughout. The beautifully renovated kitchen boasts quartz countertops, stainless steel appliances, and classic charm that ties seamlessly into the rest of the home. The main floor features two inviting bedrooms and a full hall bath, while the second level offers a private suite complete with its own full bath, ideal for guests, a primary retreat, or a home office. Not to be missed is the expansive screened-in porch overlooking the newly landscaped backyard, complete with fresh sod, an upgraded sprinkler system, and a detached garage. Located just minutes from Downtown and within walking distance to some of East Austins best restaurants and coffee shops, this home offers the best of Austin living in a vibrant, walkable neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78722, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,344 (100%)
Owner Occupied HU	1,463 (33.7%)
Renter Occupied HU	2,239 (51.5%)
Vacant Housing Units	642 (14.8%)
Median Home Value	$727,708
Average Home Value	$809,064