3305 Carol Ann DrAustinTX78723
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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 3305 Carol Ann Dr, Austin, TX, 78723 at $399,999 posts ROI 21.8% with $209/mo cash flow from $3,054/mo rent. Total monthly income equals $3,054/mo, and annual cash flow records $2,512/yr on $132,600 to close. Return on cash invested measures 21.8% and rental yield reads 9.16% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 114.24% and total cumulative return in cash totals $151,479.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,054/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78723, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,451 (100%) |
| Owner Occupied HU | 7,934 (40.8%) |
| Renter Occupied HU | 9,200 (47.3%) |
| Vacant Housing Units | 2,317 (11.9%) |
| Median Home Value | $616,039 |
| Average Home Value | $676,187 |
Housing Distribution
Address Breakdown
Residential
16,431
Single Family
10,089
Multi-Family
6,342
Businesses
781
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