5924 S Congress Ave APT 145AustinTX78745
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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 5924 S Congress Ave APT 145, Austin, TX, 78745 earns from $1,901/mo rent with a $1,591/mo payment. Total monthly income totals $1,901/mo. ROI tracks 15.34% on current figures, and rental yield reads 7.02% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 79.55% and total cumulative return in cash sums $85,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,901/mo property income instead of your personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78745, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,423 (100%) |
| Owner Occupied HU | 12,674 (41.7%) |
| Renter Occupied HU | 15,947 (52.4%) |
| Vacant Housing Units | 1,802 ( 5.9%) |
| Median Home Value | $533,609 |
| Average Home Value | $591,818 |
Housing Distribution
Address Breakdown
Residential
31,391
Single Family
20,135
Multi-Family
11,256
Businesses
1,728
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