4504 Erin LnAustinTX78756
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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 4504 Erin Ln, Austin, TX, 78756 priced at $1,511,900 converts $4,463/mo rent into after a $7,400/mo obligation. Total monthly income equals $4,463/mo. Return on cash invested prints 4.97% in year one, and rental yield reads 3.54% against a $1,511,900 entry. Equity gained on principal adds $9,756/yr, while 5% annual appreciation compiles into $417,710 by year five. Five-year ROI reaches 23.84% and total cumulative return in cash sums $116,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,463/mo property income covering a $7,400/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.77 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,654
Single Family
2,594
Multi-Family
2,060
Businesses
695
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