3108 Chennault StAustinTX78723
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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 3108 Chennault St, Austin, TX, 78723 generates $6,331/mo in rent, after a $6,603/mo payment. Total monthly income is $6,331/mo. Return on cash invested sits at 11.41% in year one, and rental yield is 5.63% on a $1,349,100 entry. Equity gained on principal adds $8,706/yr, while 5% annual appreciation builds toward $372,731 over five years. Five-year ROI reaches 58.43% and total cumulative return in cash sums $255,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,331/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Housing Distribution
Address Breakdown
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
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