309 Camperdown Elm DrAustinTX78748
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 309 Camperdown Elm Dr, Austin, TX, 78748 in Austin achieves 1.53, rent of $4,273/mo covers the $2,789/mo payment 1.5x over at $620,200. Rental yield 8.27%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $171,350 over five years, with $5,712/yr in principal reduction bringing total projected return to $216,485.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.5% |
| Monthly Cash Flow | $(342) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,273 |
| Total Monthly Debt Service | $4,369 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2007
0.26 Acres lot
$N/A/sqft
$44 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78748, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,666 (100%) |
| Owner Occupied HU | 13,804 (51.8%) |
| Renter Occupied HU | 11,383 (42.7%) |
| Vacant Housing Units | 1,479 ( 5.5%) |
| Median Home Value | $500,145 |
| Average Home Value | $569,497 |
Housing Distribution
Address Breakdown
Residential
25,080
Single Family
17,465
Multi-Family
7,615
Businesses
822
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
Single Family
Built in 2007
0.26 Acres lot
$N/A/sqft
$44 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78748, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,666 (100%) |
| Owner Occupied HU | 13,804 (51.8%) |
| Renter Occupied HU | 11,383 (42.7%) |
| Vacant Housing Units | 1,479 ( 5.5%) |
| Median Home Value | $500,145 |
| Average Home Value | $569,497 |
Housing Distribution
Address Breakdown
Residential
25,080
Single Family
17,465
Multi-Family
7,615
Businesses
822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices