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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% |
Investment property for sale in Austin at 5500 Evans Ave, Austin, TX, 78751 offers a 6.5% rental yield on a $579,000 purchase with $3,138/mo rent. 89% in year one. Equity gained on principal adds $3,736/yr while 5% annual appreciation supports $159,967 over five years. Portfolio math shows five-year ROI at 71.76% and total cumulative return in cash at $136,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,138/mo property income against a $2,834/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
4,059 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78751, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,296 (100%) |
| Owner Occupied HU | 2,452 (23.8%) |
| Renter Occupied HU | 7,140 (69.3%) |
| Vacant Housing Units | 704 ( 6.8%) |
| Median Home Value | $753,804 |
| Average Home Value | $818,216 |
Residential
10,040
Single Family
4,620
Multi-Family
5,420
Businesses
596
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: Clayton Knippa • Knippa Properties
Mls Name: Unlock MLS
Mls ID: #4620508
