








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


Rental property for sale in Austin at 505 W 7th St APT 113, Austin, TX, 78701 generates $2,700/mo in rent and, after a $1,713/mo payment, leaves $211/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $2,534/yr on $116,025 invested. Return on cash invested sits at 22.09% in year one, and rental yield is 9.26% on a $349,999 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,698 over five years. Five-year ROI reaches 115.8% and total cumulative return in cash sums $134,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Condo
Built in 1964
392.04 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78701, Austin, TX area.
| 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 |
Residential
9,641
Single Family
1,663
Multi-Family
7,978
Businesses
2,428
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nick Pierce • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #9458647