40 N Interstate Highway 35 Hwy #2C2AustinTX78701
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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 Austin at 40 N Interstate Highway 35 Hwy #2C2, Austin, TX, 78701 listed at $349,900 pairs $2,499/mo rent with a $1,713/mo payment to leave $10/mo cash flow. Total monthly income runs $2,499/mo, and annual cash flow reaches $125/yr on $115,992 cash to close. Return on cash invested measures 20.02% in year one, and rental yield registers 8.57% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 104.65% and total cumulative return in cash totals $121,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,499/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
1,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
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