Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2915 E 16th St, Austin, TX, 78702 earns from $3,779/mo rent with a $4,405/mo payment. Total monthly income totals $3,779/mo. ROI tracks 9.02% on current figures, and rental yield reads 5.04% at a $899,999 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 45.8% and total cumulative return in cash sums $135,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,779/mo property income instead of your personal income.
Single Family
Built in 2013
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78702, Austin, TX area.
| 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 |
Residential
14,952
Single Family
8,554
Multi-Family
6,398
Businesses
1,386
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Listed for sale | $899,999 |
| 2019-07-17 | Listing removed | $549,000 |
| 2019-06-19 | Pending sale | $549,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $945,372 | -9.06% |
| 2023-12-27 | $16168.30 | -4.76% | $1,039,528 | 7.58% |
| 2022-12-27 | $16975.68 | N/A | $966,308 | 52.19% |
Listed by: Savannah Covert • 6th Ave Homes
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #5495501
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-26 22:14:37 PST. 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)
