307 N Cuernavaca Dr APT KAustinTX78733
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 307 N Cuernavaca Dr APT K, Austin, TX, 78733 in Austin hard to pass up. The 13.35% gross yield on a $316,064 purchase results in $3,516/mo in rent and $1,018/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.47). Annual cash flow of $12,221, five-year appreciation of $87,323, and $2,911/yr in equity build-up combine for a projected total cumulative return of $187,775.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 4.5% |
| Monthly Cash Flow | $1,018 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,516 |
| Total Monthly Debt Service | $2,372 |
| DSCR Ratio | 1.48x |
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 1985
0.52 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78733, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,269 (100%) |
| Owner Occupied HU | 2,721 (83.2%) |
| Renter Occupied HU | 426 (13.0%) |
| Vacant Housing Units | 122 ( 3.7%) |
| Median Home Value | $970,301 |
| Average Home Value | $1,143,350 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,330
Multi-Family
14
Businesses
93
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 1985
0.52 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78733, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,269 (100%) |
| Owner Occupied HU | 2,721 (83.2%) |
| Renter Occupied HU | 426 (13.0%) |
| Vacant Housing Units | 122 ( 3.7%) |
| Median Home Value | $970,301 |
| Average Home Value | $1,143,350 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,330
Multi-Family
14
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices