5506 Forks Rd, Austin, TX, 78747 | 7.29% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

5506 Forks Rd, Austin, TX, 78747 | 7.29% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1831 sft

12704 Brave Tenderfoot Trl, Austin, TX, 78747

3 Bed
2 Bath
1553 sft

5016 Sea Salt Dr, Austin, TX, 78747

3 Bed
3 Bath
2232 sft

11808 Shimmering Sea Dr, Austin, TX, 78747

3 Bed
3 Bath
1950 sft

11908 Murano Dr, Austin, TX, 78747

Nearby investment properties with comparable prices

6 Bed
2 Bath
2400 sft

1017/1019 Haynes St #7, San Marcos, TX, 78666

3 Bed
3 Bath
2051 sft

11725 Domenico Cv, Austin, TX, 78747

Plan Davenport Plan, La Cima: 50ft. lots

4 Bed
2 Bath
2299 sft

Plan Davenport Plan, La Cima: 50ft. lots, San Marcos, TX, 78666

5 Bed
3 Bath
2981 sft

The Kessler Plan, Opal Meadows, Kyle, TX, 78640

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Austin at 5506 Forks Rd, Austin, TX, 78747 offers a 7.29% rental yield on a $423,589 purchase with $2,574/mo rent. 17% in year one. Equity gained on principal adds $2,733/yr while 5% annual appreciation supports $117,030 over five years. Portfolio math shows five-year ROI at 84.01% and total cumulative return in cash at $117,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,574/mo property income against a $2,073/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Heeler, a beautifully crafted two-story home where quiet comfort meets urban access and low-maintenance luxury. Nestled in our peaceful gated section within the master-planned community of Goodnight Ranch, this home is designed for effortless everyday living and elevated comfort-just minutes from the vibrant heartbeat of the city. Step into a sunlit, open-concept main floor where your modern kitchen-complete with calming finishes, sleek cabinetry, and a generous island-flows seamlessly into the family and dining spaces. A covered rear porch extends your living outdoors, ideal for relaxing evenings or casual gatherings. Upstairs, the private Owner's Retreat offers a calming escape with a walk-in closet and a spacious ensuite bath. A bright, flexible loft provides the perfect spot for a reading nook, home office, or media lounge. Two secondary bedrooms share a thoughtfully appointed full bath, while the utility room is conveniently placed for everyday ease. This home combines exclusive amenities, intimate neighborhood charm, and low-maintenance design, making it easy to spend less time on upkeep and more time enjoying your surroundings. Whether you're sipping coffee on the porch, connecting with neighbors at the community gathering space, or heading downtown for a night out, The Heeler brings it all within reach. Don't miss your chance to own in one of the most connected, close-knit communities in the city. Call the David Weekley Home

Neighborhood Data

Neighborhood data shown for ZIP Code: 78747, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,594 (100%)
Owner Occupied HU	6,486 (61.2%)
Renter Occupied HU	3,573 (33.7%)
Vacant Housing Units	535 ( 5.1%)
Median Home Value	$480,624
Average Home Value	$535,946