313 W 17th St #1702AustinTX78701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 313 W 17th St #1702, Austin, TX, 78701 generates $2,711/mo in rent, after a $3,318/mo payment. Total monthly income is $2,711/mo. Return on cash invested sits at 8.71% in year one, and rental yield is 4.8% on a $678,000 entry. Equity gained on principal adds $4,375/yr, while 5% annual appreciation builds toward $187,319 over five years. Five-year ROI reaches 43.99% and total cumulative return in cash sums $98,121. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,711/mo property income rather than buyer’s personal income.
Condo
Built in 2024
60.98 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices