3109 Sorin 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 3109 Sorin St, Austin, TX, 78723 generates $5,882/mo in rent, after a $4,472/mo payment. Total monthly income is $5,882/mo. Return on cash invested sits at 17.6% in year one, and rental yield is 7.73% on a $913,700 entry. Equity gained on principal adds $5,896/yr, while 5% annual appreciation builds toward $252,438 over five years. Five-year ROI reaches 91.66% and total cumulative return in cash sums $275,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,882/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
3,484 sqft 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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