6101 Parkwood DrAustinTX78735
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6101 Parkwood Dr, Austin, TX, 78735 in Austin. Rental yield 4.05%. At $564,900 with 4.05% gross yield, current distributions are modest, but the 5% appreciation rate projects $156,071 in new equity by year five, complemented by $5,203/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.75) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $80,750.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 4.5% |
| Monthly Cash Flow | $(2,109) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,908 |
| Total Monthly Debt Service | $3,792 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1984
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78735, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 4,009 (39.6%) |
| Renter Occupied HU | 5,480 (54.2%) |
| Vacant Housing Units | 629 ( 6.2%) |
| Median Home Value | $878,102 |
| Average Home Value | $1,077,110 |
Housing Distribution
Address Breakdown
Residential
10,517
Single Family
5,945
Multi-Family
4,572
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1984
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78735, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 4,009 (39.6%) |
| Renter Occupied HU | 5,480 (54.2%) |
| Vacant Housing Units | 629 ( 6.2%) |
| Median Home Value | $878,102 |
| Average Home Value | $1,077,110 |
Housing Distribution
Address Breakdown
Residential
10,517
Single Family
5,945
Multi-Family
4,572
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices