3317 W William Cannon Dr #A, Austin, TX, 78745 | $309/mo Cash Flow

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3317 W William Cannon Dr #A, Austin, TX, 78745 | $309/mo Cash Flow | Ziffy

Off market

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 3317 W William Cannon Dr #A, Austin, TX, 78745 listed at $249,300 pairs $2,082/mo rent with a $1,220/mo payment to leave $309/mo cash flow. Total monthly income runs $2,082/mo, and annual cash flow reaches $3,713/yr on $82,643 cash to close. Return on cash invested measures 24.4% in year one, and rental yield registers 10.02% at a $249,300 basis. Equity gained on principal adds $1,609/yr, and annual property appreciation at 5% supports $68,877 by year five. Five-year ROI tracks 128.16% and total cumulative return in cash totals $105,918. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,082/mo property income relative to a $1,220/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1985

7,548 sqft lot

$N/A/sqft

No HOA

More details about the property

This is a 1220 square foot, 1.5 bathroom, condo home. This home is located at 3317 W William Cannon Dr #A, Austin, TX 78745.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78745, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,423 (100%)
Owner Occupied HU	12,674 (41.7%)
Renter Occupied HU	15,947 (52.4%)
Vacant Housing Units	1,802 ( 5.9%)
Median Home Value	$533,609
Average Home Value	$591,818