3213 Summer Canyon DrAustinTX78732
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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 3213 Summer Canyon Dr, Austin, TX, 78732 offers a 9.73% rental yield on a $750,000 purchase with $6,079/mo rent. Total monthly income registers $6,079/mo, and a $3,671/mo payment leaves $746/mo available for distribution. Annual cash flow reaches $8,946/yr on $246,750 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 124.29% and total cumulative return in cash at $306,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,079/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78732, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,811 (100%) |
| Owner Occupied HU | 4,680 (68.7%) |
| Renter Occupied HU | 1,749 (25.7%) |
| Vacant Housing Units | 382 ( 5.6%) |
| Median Home Value | $800,474 |
| Average Home Value | $917,193 |
Housing Distribution
Address Breakdown
Residential
6,720
Single Family
5,482
Multi-Family
1,238
Businesses
171
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