








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


Investment property for sale in Austin at 516 E Slaughter Ln APT 702, Austin, TX, 78744 offers a 8.25% rental yield on a $275,000 purchase with $1,891/mo rent. 06% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 99.53% and total cumulative return in cash at $90,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,891/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2017
6,246 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,678 (100%) |
| Owner Occupied HU | 10,607 (44.8%) |
| Renter Occupied HU | 11,551 (48.8%) |
| Vacant Housing Units | 1,520 ( 6.4%) |
| Median Home Value | $410,154 |
| Average Home Value | $446,224 |
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
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: Kelley Menefee • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #7221382