3603 E 12th StAustinTX78721
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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
Rental property for sale in Austin at 3603 E 12th St, Austin, TX, 78721 generates $2,580/mo in rent, after a $7,048/mo payment. Total monthly income is $2,580/mo. Return on cash invested sits at 0.67% in year one, and rental yield is 2.15% on a $1,440,000 entry. Equity gained on principal adds $9,292/yr, while 5% annual appreciation builds toward $397,845 over five years. Five-year ROI reaches 0.8% and total cumulative return in cash sums $3,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Multi Family
Built in 2021
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78721, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,473 (100%) |
| Owner Occupied HU | 2,507 (38.7%) |
| Renter Occupied HU | 2,868 (44.3%) |
| Vacant Housing Units | 1,098 (17.0%) |
| Median Home Value | $603,149 |
| Average Home Value | $714,128 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
3,949
Multi-Family
1,485
Businesses
322
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