








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Austin at 4517 Lava Island Dr, Austin, TX, 78747 offers a 7.66% rental yield on a $403,200 purchase with $2,574/mo rent. 28% in year one. Equity gained on principal adds $2,602/yr while 5% annual appreciation supports $111,397 over five years. Portfolio math shows five-year ROI at 89.98% and total cumulative return in cash at $120,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,574/mo property income against a $1,973/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Listing removed | $408,340 |
| 2025-07-25 | Listed for sale | $408,340 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $356.72 | 31.44% | $18,000 | 20.00% |
| 2023-10-26 | $271.39 | N/A | $15,000 | N/A |



Listed by: N/A • N/A
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A