5515 Davis Ln Unit 32AustinTX78749
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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 5515 Davis Ln Unit 32, Austin, TX, 78749 offers a 9.22% rental yield on a $400,000 purchase with $3,073/mo rent. Total monthly income registers $3,073/mo, and a $1,958/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,740/yr on $132,600 to close, and return on cash invested stands at 21.98% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 115.15% and total cumulative return in cash at $152,692. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,073/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78749, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 8,915 (51.9%) |
| Renter Occupied HU | 7,493 (43.6%) |
| Vacant Housing Units | 773 ( 4.5%) |
| Median Home Value | $601,697 |
| Average Home Value | $678,198 |
Housing Distribution
Address Breakdown
Residential
15,782
Single Family
10,567
Multi-Family
5,215
Businesses
379
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