3204 Menchaca Rd #716, Austin, TX, 78704 | $45/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3204 Menchaca Rd #716, Austin, TX, 78704 | $45/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 3204 Menchaca Rd #716, Austin, TX, 78704 uses $76,742 cash to close to unlock $538/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $1,133/mo payment keeps the spread at $45/mo. Purchase price stands at $231,500, and rental yield measures 8.77% with $1,691/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $63,959 over five years. Five-year ROI reaches 107.8% and total cumulative return in cash records $82,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $1,133/mo payment rather than investor’s personal income.

Condo

Built in 1985

1,485 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in a quiet, gated community just off Menchaca Road, this beautifully maintained 1-bedroom, 1-bath condo offers the best of South Austin living. The open-concept layout maximizes space, with natural light pouring in through large windows and glass doors that lead to a sweet balcony with a tree-lined view. The kitchen features granite countertops, stainless steel appliances, and a breakfast bar that flows seamlessly into the living area, perfect for entertaining or unwinding. This home strikes the perfect balance: serene and tucked away, yet just minutes from Austins most iconic streets. The community offers a calm, neighborly vibe, while still providing fast access to South Lamar, South Congress, and all the energy of downtown. Whether its morning coffee, a last-minute grocery run, or dinner with friends, everything is close by. Central Market, Radio Coffee, Loro, and countless local favorites are just around the corner. The gated community also features a pool, dog park, and grilling areas. ideal for laid-back weekends and everyday ease. Perfect as a primary residence, investment, or lock-and-leave setup, this home combines smart updates, a practical layout, and a location that puts the very best of Austin at your doorstep.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78704, Austin, TX area.

Housing Distribution

Housing Statistics

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