3815 Menchaca Rd #9, Austin, TX, 78704 | $12/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3815 Menchaca Rd #9, Austin, TX, 78704 | $12/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Austin at 3815 Menchaca Rd #9, Austin, TX, 78704 generates $2,322/mo in rent and, after a $1,590/mo payment, leaves $12/mo in cash flow. Total monthly income is $2,322/mo, and annual cash flow is $142/yr on $107,704 invested. Return on cash invested sits at 20.04% in year one, and rental yield is 8.58% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 104.75% and total cumulative return in cash sums $112,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,322/mo property income rather than buyer’s personal income.

Condo

Built in 1981

3,615 sqft lot

$N/A/sqft

No HOA

More details about the property

New AC unit July 2021. 2 reserved parking spots in front of condo; one is covered. **HOA includes WATER, trash, common areas/exterior maintenance, landscaping, pool area, security gate at the entrance, and external parts of condos.** Plenty of parking makes it easy for guests. Community amenities include a pool (located just outside the condo) and gated entry. Access to Google Fiber! The grounds are well-maintained and dog friendly. Two-bed condo at the Timbers in the highly sought-after 78704! Vaulted ceilings, combined with windows, fill the space with natural light, creating a spacious feel. Open living and dining room features a cozy wood-burning fireplace and skylight. The kitchen includes a breakfast bar and an indoor laundry room. Separate enclosed sunroom perfect for hanging out, plus attached storage. Fenced backyard that's fully xeriscaped with grey stone. Generously sized bedrooms, primary features a large walk-in closet and ceiling fan.Enjoy easy access to the hottest areas around town, a walkable location, just down the road from Radio Coffee, Central Market, and many other South Austins favorite restaurants, coffee shops, and bars. Easy drive into downtown Austin, Lady Bird Lake, Barton Springs, the Greenbelt, and Zilker Park. Ten minutes to the airport with easy access to the major highways.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78704, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,219 (100%)
Owner Occupied HU	9,122 (31.2%)
Renter Occupied HU	17,764 (60.8%)
Vacant Housing Units	2,333 ( 8.0%)
Median Home Value	$905,722
Average Home Value	$1,042,481