38 Cottondale RdThe HillsTX78738
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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 The Hills at 38 Cottondale Rd, The Hills, TX, 78738 with 5% annual appreciation on a $1,020,000 basis while $3,655/mo rent supports operations. 31% in year one. Equity gained on principal adds $6,582/yr, and five-year appreciation sums $281,807 alongside rental yield of 4.3%. Five-year ROI measures 36.39% and total cumulative return in cash totals $120,247. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,655/mo property income versus a $4,992/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Housing Distribution
Address Breakdown
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
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