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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 506 Conservation Dr #506, Austin, TX, 78717 generates $2,510/mo in rent, after a $1,908/mo payment. Total monthly income is $2,510/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 7.73% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 91% and total cumulative return in cash sums $117,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,510/mo property income rather than buyer’s personal income.
Condo
Built in 2020
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78717, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,309 (100%) |
| Owner Occupied HU | 7,929 (45.8%) |
| Renter Occupied HU | 8,106 (46.8%) |
| Vacant Housing Units | 1,274 ( 7.4%) |
| Median Home Value | $601,004 |
| Average Home Value | $622,250 |
Residential
16,229
Single Family
9,563
Multi-Family
6,666
Businesses
723
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: David Cavalier • Cavalier Real Estate
Mls Name: Unlock MLS
Mls ID: #2908681
