3013 Chennault St #CAustinTX78723
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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
Rental property for sale in Austin at 3013 Chennault St #C, Austin, TX, 78723 priced at $904,990 converts $2,640/mo rent into after a $4,429/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 3.39% in year one, and rental yield reads 3.5% against a $904,990 entry. Equity gained on principal adds $5,840/yr, while 5% annual appreciation compiles into $250,032 by year five. Five-year ROI reaches 15.93% and total cumulative return in cash sums $47,442. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $4,429/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$341 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Housing Distribution
Address Breakdown
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
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Listed by: Lance Loken • Keller Williams Platinum
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8003407
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-10-18 13:26:39 PDT. 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)