501 West Ave #2301AustinTX78701
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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 501 West Ave #2301, Austin, TX, 78701 projects strong ROI of 5.8%. Rental yield 3.81%. With 5% annual appreciation, the property builds $704,518 in value over five years. Equity growth combined delivers a projected five-year ROI of 28.31%, translating into $233,921 in total cumulative return on $826,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2018
156.82 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,111 (100%) |
| Owner Occupied HU | 2,924 (24.1%) |
| Renter Occupied HU | 7,078 (58.4%) |
| Vacant Housing Units | 2,109 (17.4%) |
| Median Home Value | $797,837 |
| Average Home Value | $948,485 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
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