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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Austin at 602 Allen St, Austin, TX, 78702 priced at $1,200,000 pairs $2,850/mo rent with after a $5,873/mo payment. Total monthly income equals $2,850/mo. Return on cash invested is 2.83% in year one, and rental yield stands at 2.85% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 12.39% and total cumulative return in cash reaches $48,167. For financing, Ziffy Mortgage’s DSCR program evaluates $2,850/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78702, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,059 (100%) |
| Owner Occupied HU | 5,068 (29.7%) |
| Renter Occupied HU | 9,519 (55.8%) |
| Vacant Housing Units | 2,472 (14.5%) |
| Median Home Value | $763,118 |
| Average Home Value | $851,523 |
Residential
14,952
Single Family
8,554
Multi-Family
6,398
Businesses
1,386
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Araceli Hart • Phyllis Browning Company
Mls Name: Unlock MLS
Mls ID: #1381043
