3101 French PlAustinTX78722
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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 3101 French Pl, Austin, TX, 78722 offers $2,671/mo rent that, after a $3,487/mo payment. Total monthly income is $2,671/mo. Return on cash invested measures 7.8% in year one, and rental yield stands at 4.5% at a $712,400 entry. Equity gained on principal adds $4,597/yr while 5% annual appreciation compounds into $196,823 by year five. Five-year ROI records 39.07% and total cumulative return in cash reaches $91,569. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,671/mo property income versus a $3,487/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
7,483 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78722, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,344 (100%) |
| Owner Occupied HU | 1,463 (33.7%) |
| Renter Occupied HU | 2,239 (51.5%) |
| Vacant Housing Units | 642 (14.8%) |
| Median Home Value | $727,708 |
| Average Home Value | $809,064 |
Housing Distribution
Address Breakdown
Residential
3,670
Single Family
2,686
Multi-Family
984
Businesses
182
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