6000 Shepherd Mountain Cv UNIT 1916, Austin, TX, 78730 | 6.77% Rental Yield

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6000 Shepherd Mountain Cv UNIT 1916, Austin, TX, 78730 | 6.77% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 6000 Shepherd Mountain Cv UNIT 1916, Austin, TX, 78730 listed at $349,700 pairs $1,973/mo rent with a $1,712/mo payment. Total monthly income runs $1,973/mo. Return on cash invested measures 14.59% in year one, and rental yield registers 6.77% at a $349,700 basis. Equity gained on principal adds $2,257/yr, and annual property appreciation at 5% supports $96,616 by year five. Five-year ROI tracks 75.52% and total cumulative return in cash totals $87,544. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,973/mo property income relative to a $1,712/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1992

8,450 sqft lot

$N/A/sqft

No HOA

More details about the property

Experience elevated living at Montevista Condominiums. Ideally located just minutes from the iconic 360 Bridge, Lake Austin, and Austins premier shopping and dining, this fully renovated 2-bedroom, 2-bath residence offers over $50K in premium upgrades and a refined modern aesthetic throughout. The unit features upgraded smooth walls, new laminate flooring, and refined baseboards. A striking black, smooth-textured fireplace serves as the focal point of the living area, adding architectural elegance. Enjoy seamless indooroutdoor living with a wraparound balcony, perfect for relaxing or entertaining. The redesigned kitchen boasts taller ceilings, upgraded cabinetry, quartz countertops, a waterfall island, recessed lighting, black chrome appliances, a built-in microwave, and a relocated refrigerator for enhanced counter space. Both bathrooms have been luxuriously updated with contemporary finishes, heated mirrors, and an expanded hall bath with an oversized tub. Additional enhancements include modern panel doors, new shut-off valves, water-saving toilets, a 5-year-old A/C, and a community roof replaced just 2 years ago. This unit also comes with two reserved parking spaces. A turnkey luxury retreat in one of Austins most desirable hill-country condo communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78730, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,943 (100%)
Owner Occupied HU	2,493 (63.2%)
Renter Occupied HU	1,107 (28.1%)
Vacant Housing Units	343 ( 8.7%)
Median Home Value	$1,113,662
Average Home Value	$1,213,813