40 Waller St, Austin, TX, 78702 | 3.25% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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40 Waller St, Austin, TX, 78702 | 3.25% Rental Yield | 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

Investment property for sale in Austin at 40 Waller St, Austin, TX, 78702 listed at $1,200,000 pairs $3,246/mo rent with a $5,873/mo payment. Total monthly income runs $3,246/mo. Return on cash invested measures 4.05% in year one, and rental yield registers 3.25% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 18.94% and total cumulative return in cash totals $73,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,246/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1920

7,501 sqft lot

$N/A/sqft

No HOA

More details about the property

Prime Investment Opportunity in Downtown Austin! Discover exceptional value at 40 Waller St Austin TX, ideally located in the heart of Austins vibrant urban core. This property offers a rare chance to secure real estate in one of the citys fastest-growing and most desirable districts. Surrounded by major employers, top restaurants, entertainment, and the serene Lady Bird Lake hike-and-bike trail, this location attracts strong demand from both residents and short-term/long-term renters. Featuring a highly walkable setting, easy access to transit, and close proximity to East Austins thriving tech and creative corridors, 40 Waller St. Austin stands out as a versatile investment with outstanding upside potential. Whether youre seeking a steady income-producing asset or a strategic hold in a premier growth market, this property delivers the ideal combination of location, convenience, and long-term value. Dont miss this unique opportunity to expand your portfolio with a property positioned for sustained appreciation in Downtown Austin.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78702, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,059 (100%)
Owner Occupied HU	5,068 (29.7%)
Renter Occupied HU	9,519 (55.8%)
Vacant Housing Units	2,472 (14.5%)
Median Home Value	$763,118
Average Home Value	$851,523