








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 516 E Slaughter Ln UNIT 2303, Austin, TX, 78744 generates $2,380/mo in rent and, after a $1,363/mo payment, leaves $400/mo in cash flow. Total monthly income is $2,380/mo, and annual cash flow is $4,796/yr on $92,323 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 10.25% on a $278,500 entry. Equity gained on principal adds $1,797/yr, while 5% annual appreciation builds toward $76,944 over five years. Five-year ROI reaches 131.92% and total cumulative return in cash sums $121,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,380/mo property income rather than buyer’s personal income.
Condo
Built in 2018
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: Elizabeth Zepeda • North Pier Realty LLC
Mls Name: Unlock MLS
Mls ID: #8172635