415 Baldridge DrAustinTX78748
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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 415 Baldridge Dr, Austin, TX, 78748 uses $120,964 cash to close to unlock $1,262/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,786/mo payment keeps the spread at $105/mo. Purchase price stands at $364,900, and rental yield measures 8.88% with $2,700/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 109.68% and total cumulative return in cash records $132,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78748, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,666 (100%) |
| Owner Occupied HU | 13,804 (51.8%) |
| Renter Occupied HU | 11,383 (42.7%) |
| Vacant Housing Units | 1,479 ( 5.5%) |
| Median Home Value | $500,145 |
| Average Home Value | $569,497 |
Housing Distribution
Address Breakdown
Residential
25,080
Single Family
17,465
Multi-Family
7,615
Businesses
822
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