3102 Glen Ora St #102, Austin, TX, 78704 | 6.76% Rental Yield

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3102 Glen Ora St #102, Austin, TX, 78704 | 6.76% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 3102 Glen Ora St #102, Austin, TX, 78704 listed at $299,990 pairs $1,691/mo rent with a $1,468/mo payment. Total monthly income runs $1,691/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 6.76% at a $299,990 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,882 by year five. Five-year ROI tracks 75.49% and total cumulative return in cash totals $75,069. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,691/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1972

2,003 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of South Austin's vibrant 78704 neighborhood, 3102 Glen Ora St Unit 102 offers a rare opportunity to own a beautifully remodeled 1-bedroom condo with a private backyard retreat. This charming, one-story end unit combines modern updates with the laid-back, eclectic vibe that defines this sought-after area. The unit is also AirBnB friendly or investor friendly as a rental for extra income! Enjoy your own fenced-in yard, perfect for morning coffee or gatherings. The raised garden bed has plenty of room to plant fruits and veggies too! Your furry friends will love the space. This is the only unit with a private yard! Modern Updates include recent renovations (2025) which include fresh paint, updated appliances, ceiling fans, lighting fixtures, and ceramic tile flooring throughout. The spacious living area features vaulted ceilings and large windows, allowing natural light to flood the space.The bright kitchen is equipped with a full suite of appliances, including a brand new refrigerator and fresh new cabinetry. The fully renovated bathroom has a new walk in shower with designer tiles, new vanity sink, lighting, paint and mirror. Seller is providing $2,000 in concessions to add stackable washer dryer This prime location is just minutes to the freeway and all that S. Lamar has to offer, with Tikki Tatsuya, Alamo Drafthouse, Gibson St, Bar, Radio coffee and Barton Springs Pool all within 1-3 miles away. Don't miss this great opportunity to live or invest in the coveted 78704!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78704, Austin, TX area.

Housing Distribution

Housing Statistics

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