








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Austin at 3204 Menchaca Rd #405, Austin, TX, 78704 generates $2,322/mo in rent and, after a $1,248/mo payment, leaves $509/mo in cash flow. Total monthly income is $2,322/mo, and annual cash flow is $6,105/yr on $84,533 invested. Return on cash invested sits at 27.13% in year one, and rental yield is 10.93% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 142.78% and total cumulative return in cash sums $120,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,322/mo property income rather than buyer’s personal income.
Condo
Built in 1985
1,785 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
| 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 |
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joel Levin • Bramlett Partners
Mls Name: Unlock MLS
Mls ID: #1945593