3111 Tom Green St APT 208AustinTX78705
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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
Investment property for sale in Austin at 3111 Tom Green St APT 208, Austin, TX, 78705 listed at $273,800 pairs $2,306/mo rent with a $1,340/mo payment to leave $139/mo cash flow. Total monthly income runs $2,306/mo, and annual cash flow reaches $1,669/yr on $90,765 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 10.11% at a $273,800 basis. Equity gained on principal adds $1,767/yr, and annual property appreciation at 5% supports $75,646 by year five. Five-year ROI tracks 115.02% and total cumulative return in cash totals $104,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,306/mo property income relative to a $1,340/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
1,176 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78705, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,526 (100%) |
| Owner Occupied HU | 1,265 ( 8.1%) |
| Renter Occupied HU | 12,438 (80.1%) |
| Vacant Housing Units | 1,823 (11.7%) |
| Median Home Value | $659,871 |
| Average Home Value | $784,458 |
Housing Distribution
Address Breakdown
Residential
13,291
Single Family
3,438
Multi-Family
9,853
Businesses
953
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