516 E Slaughter Ln APT 801AustinTX78744
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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 516 E Slaughter Ln APT 801, Austin, TX, 78744 earns $264/mo cash flow from $2,774/mo rent with a $1,728/mo payment. Total monthly income totals $2,774/mo, and annual cash flow totals $3,162/yr on $117,020 capital. ROI tracks 22.61% on current figures, and rental yield reads 9.43% at a $353,000 purchase. Equity gained on principal adds $2,278/yr, and 5% annual appreciation supports $97,527 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash sums $138,740. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,774/mo property income instead of your personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
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