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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 606 W Lynn St APT 14, Austin, TX, 78703 priced at $649,000 converts $4,710/mo rent into after a $3,177/mo obligation. Total monthly income equals $4,710/mo. Return on cash invested prints 15.92% in year one, and rental yield reads 8.71% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 84.34% and total cumulative return in cash sums $180,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,710/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Condo
Built in 1979
3,314 sqft lot
$N/A/sqft
$831 monthly HOA
Neighborhood data shown for ZIP Code: 78703, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,680 (100%) |
| Owner Occupied HU | 5,534 (51.8%) |
| Renter Occupied HU | 4,210 (39.4%) |
| Vacant Housing Units | 936 ( 8.8%) |
| Median Home Value | $1,408,910 |
| Average Home Value | $1,473,709 |
Residential
11,608
Single Family
7,163
Multi-Family
4,445
Businesses
1,192
Date | Event | Price |
|---|---|---|
| 2024-10-12 | Price change | $3,500 |
| 2024-08-12 | Listed for rent | $3,700 |
| 2024-08-12 | Price change | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2021-10-18 | N/A | N/A | $403,170 | -3.27% |
| 2020-10-18 | $7684.75 | N/A | $416,810 | N/A |
| 2019-10-18 | N/A | N/A | $416,810 | -16.90% |
Listed by: Morgan Motley • Bramlett Residential
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #3051858
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-10-18 14:26:38 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)
