506 Powell CirAustinTX78704
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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
Rental property for sale in Austin at 506 Powell Cir, Austin, TX, 78704 priced at $1,750,000 pairs $5,571/mo rent with after a $8,565/mo payment. Total monthly income equals $5,571/mo. Return on cash invested is 5.82% in year one, and rental yield stands at 3.82% on a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and 5% annual appreciation accumulates to $483,493 by year five. Five-year ROI measures 28.45% and total cumulative return in cash reaches $161,289. For financing, Ziffy Mortgage’s DSCR program evaluates $5,571/mo property income against a $8,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78704, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,219 (100%) |
| Owner Occupied HU | 9,122 (31.2%) |
| Renter Occupied HU | 17,764 (60.8%) |
| Vacant Housing Units | 2,333 ( 8.0%) |
| Median Home Value | $905,722 |
| Average Home Value | $1,042,481 |
Housing Distribution
Address Breakdown
Residential
29,656
Single Family
14,285
Multi-Family
15,371
Businesses
2,599
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