2908 Glen Rae St #1AustinTX78702
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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
Investment Highlights
Investment property for sale in Austin at 2908 Glen Rae St #1, Austin, TX, 78702 earns from $6,330/mo rent with a $4,870/mo payment. Total monthly income totals $6,330/mo. ROI tracks 17.33% on current figures, and rental yield reads 7.63% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 90.19% and total cumulative return in cash sums $295,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,330/mo property income instead of your personal income.
Single Family
Built in 2025
10,197 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
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