300 E Croslin St APT 106AustinTX78752
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 300 E Croslin St APT 106, Austin, TX, 78752 in Austin: $2,443/mo in rent, $253/mo in net income, 11.06% gross yield, 2.05 DSCR, all at $265,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $73,215 in appreciation and $2,441/yr in principal paydown projects total cumulative return of $137,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 4.5% |
| Monthly Cash Flow | $253 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,443 |
| Total Monthly Debt Service | $1,779 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78752, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 1,982 (19.1%) |
| Renter Occupied HU | 7,004 (67.4%) |
| Vacant Housing Units | 1,406 (13.5%) |
| Median Home Value | $493,660 |
| Average Home Value | $517,206 |
Housing Distribution
Address Breakdown
Residential
10,276
Single Family
3,895
Multi-Family
6,381
Businesses
1,158
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
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78752, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 1,982 (19.1%) |
| Renter Occupied HU | 7,004 (67.4%) |
| Vacant Housing Units | 1,406 (13.5%) |
| Median Home Value | $493,660 |
| Average Home Value | $517,206 |
Housing Distribution
Address Breakdown
Residential
10,276
Single Family
3,895
Multi-Family
6,381
Businesses
1,158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices