502 Grace LaneAustinTX78746
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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 502 Grace Lane, Austin, TX, 78746 projects strong ROI of 6.19%. Rental yield 3.94%. With 5% annual appreciation, the property builds $646,499 in value over five years. Equity growth combined delivers a projected five-year ROI of 30.42%, translating into $230,653 in total cumulative return on $758,160 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.
Single Family
Built in 1974
3.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78746, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,628 (100%) |
| Owner Occupied HU | 7,961 (63.0%) |
| Renter Occupied HU | 3,718 (29.4%) |
| Vacant Housing Units | 949 ( 7.5%) |
| Median Home Value | $1,332,581 |
| Average Home Value | $1,427,247 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,833
Multi-Family
3,315
Businesses
2,484
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Listed by: Mary Anne McMahon • @ properties Christie's International
Mls Name: HLMLS
Mls Provider:
Mls ID: #171444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.