5515 Jim Hogg Ave #BAustinTX78756
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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 Jim Hogg Ave #B, Austin, TX, 78756 offers a 3.85% rental yield on a $1,595,000 purchase with $5,117/mo rent. 91% in year one. Equity gained on principal adds $10,292/yr while 5% annual appreciation supports $440,669 over five years. Portfolio math shows five-year ROI at 28.93% and total cumulative return in cash at $149,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,117/mo property income against a $7,807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78756, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,783 (100%) |
| Owner Occupied HU | 1,885 (32.6%) |
| Renter Occupied HU | 3,511 (60.7%) |
| Vacant Housing Units | 387 ( 6.7%) |
| Median Home Value | $813,216 |
| Average Home Value | $905,032 |
Housing Distribution
Address Breakdown
Residential
4,654
Single Family
2,594
Multi-Family
2,060
Businesses
695
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