42 Reed Cr CircleAustinTX78605
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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
Rental property for sale in Austin at 42 Reed Cr Circle, Austin, TX, 78605 priced at $185,000 converts $1,421/mo rent into $106/mo cash flow after a $905/mo obligation. Total monthly income equals $1,421/mo, and annual cash flow totals $1,271/yr on $61,328 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 9.22% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 115.16% and total cumulative return in cash sums $70,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,421/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 2014
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78605, Bertram, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,638 (100%) |
| Owner Occupied HU | 2,016 (76.4%) |
| Renter Occupied HU | 376 (14.3%) |
| Vacant Housing Units | 246 ( 9.3%) |
| Median Home Value | $376,800 |
| Average Home Value | $474,711 |
Housing Distribution
Address Breakdown
Residential
2,683
Single Family
2,683
Multi-Family
0
Businesses
203
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