3902 Peterson Ave APT 203, Austin, TX, 78756 | 6.5% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3902 Peterson Ave APT 203, Austin, TX, 78756 | 6.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
- Bath
2218 sft

Fentress Plan, Sunfield, Buda, TX, 78610

- Bed
- Bath
- sft

Fm 2001, Buda, TX, 78610

1 Bed
1 Bath
403 sft

2020 S Congress Ave APT 1320, Austin, TX, 78704

1 Bed
1 Bath
626 sft

6903 Deatonhill Dr APT 37, Austin, TX, 78745

Nearby investment properties with comparable prices

- Bed
1 Bath
373 sft

1405 Hartford Rd APT 101, Austin, TX, 78703

Motivated Seller+ 1 more

3 Bed
2 Bath
1380 sft

189 Grace, Kyle, TX, 78640

2 Bed
2 Bath
859 sft

5608 Cougar Dr APT 101, Austin, TX, 78745

3 Bed
1 Bath
892 sft

2510 Rockridge Dr, Austin, TX, 78744

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Austin at 3902 Peterson Ave APT 203, Austin, TX, 78756 earns from $1,436/mo rent with a $1,297/mo payment. Total monthly income totals $1,436/mo. ROI tracks 13.78% on current figures, and rental yield reads 6.5% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 71.21% and total cumulative return in cash sums $62,559. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,436/mo property income instead of your personal income.

Condo

Built in 1967

1,202 sqft lot

$N/A/sqft

No HOA

More details about the property

RARE ROSEDALE GEM - Tastefully updated and well-maintained one-bedroom condo for lease in the highly coveted Rosedale neighborhood. This is an incredibly walkable area, with Central Market, Ramsey Neighborhood Park, Shoal Creek Trail, and many shops and restaurants along N Lamar BLVD just a quick stroll away. Easy to be car-free here. Rosedale is full of beautifully tree-lined streets and stunning houses. This intimate community enjoys gated access, community pool and courtyard area, and easy guest parking along the adjacent neighborhood streets. The condo features no carpet, bright natural light throughout, and a wonderfully updated bathroom with double vanity and colorful tile. Convenient 5-10 min drive into downtown or 15-20 min bike ride along Shoal Creek Trail. One assigned parking space and common laundry facilities. Interior walls are back to a base off-white color. Complex installed new roof in 2020. Unit improvements include: bathroom remodel (2023); new refrigerator/dishwasher (2023); and renovated plumbing/drainage (2024).

Neighborhood Data

Neighborhood data shown for ZIP Code: 78756, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,783 (100%)
Owner Occupied HU	1,885 (32.6%)
Renter Occupied HU	3,511 (60.7%)
Vacant Housing Units	387 ( 6.7%)
Median Home Value	$813,216
Average Home Value	$905,032