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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Austin at 360 Nueces St APT 1407, Austin, TX, 78701 generates $2,711/mo in rent, after a $2,521/mo payment. Total monthly income is $2,711/mo. Return on cash invested sits at 13.32% in year one, and rental yield is 6.32% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 68.71% and total cumulative return in cash sums $116,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,711/mo property income rather than buyer’s personal income.
Condo
Built in 2008
113.26 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marjet Ulmann • RE/MAX Fine Properties
Mls Name: Unlock MLS
Mls ID: #1731217
