



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 3840 Far West Blvd APT 213, Austin, TX, 78731 generates $1,926/mo in rent and, after a $1,114/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,926/mo, and annual cash flow is $1,939/yr on $75,436 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 10.16% on a $227,560 entry. Equity gained on principal adds $1,468/yr, while 5% annual appreciation builds toward $62,871 over five years. Five-year ROI reaches 118.68% and total cumulative return in cash sums $89,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,926/mo property income rather than buyer’s personal income.
Condo
Built in 1982
1,742 sqft lot
$N/A/sqft
$146 monthly HOA
Neighborhood data shown for ZIP Code: 78731, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,491 (100%) |
| Owner Occupied HU | 7,716 (53.2%) |
| Renter Occupied HU | 5,868 (40.5%) |
| Vacant Housing Units | 907 ( 6.3%) |
| Median Home Value | $921,510 |
| Average Home Value | $1,035,055 |
Residential
13,922
Single Family
8,632
Multi-Family
5,290
Businesses
1,259
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listing removed | $280,000 |
| 2025-08-03 | Contingent | $280,000 |
| 2025-07-28 | Price change | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-10-14 | N/A | N/A | $227,560 | 4.10% |
| 2020-10-14 | $3933.07 | N/A | $218,591 | -3.00% |
| 2019-10-14 | N/A | N/A | $225,361 | 7.91% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A