








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 3018 S 1st St APT 112, Austin, TX, 78704 uses $91,163 cash to close to unlock $4,397/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,322/mo, and a $1,346/mo payment keeps the spread at $366/mo. Purchase price stands at $275,000, and rental yield measures 10.13% with $2,322/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 129.93% and total cumulative return in cash records $118,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,322/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1978
2,047 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gregg Klar • Keller Williams - Lake Travis
Mls Name: Unlock MLS
Mls ID: #6955088