3409 Neal St #2AustinTX78702
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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 3409 Neal St #2, Austin, TX, 78702 listed at $699,300 pairs $3,865/mo rent with a $3,423/mo payment. Total monthly income runs $3,865/mo. Return on cash invested measures 14.28% in year one, and rental yield registers 6.63% at a $699,300 basis. Equity gained on principal adds $4,512/yr, and annual property appreciation at 5% supports $193,204 by year five. Five-year ROI tracks 73.83% and total cumulative return in cash totals $169,872. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,865/mo property income relative to a $3,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5,214 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78702, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,059 (100%) |
| Owner Occupied HU | 5,068 (29.7%) |
| Renter Occupied HU | 9,519 (55.8%) |
| Vacant Housing Units | 2,472 (14.5%) |
| Median Home Value | $763,118 |
| Average Home Value | $851,523 |
Housing Distribution
Address Breakdown
Residential
14,952
Single Family
8,554
Multi-Family
6,398
Businesses
1,386
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