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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 613 Theresa Ave #A, Austin, TX, 78703 offers $4,710/mo rent that, after a $5,384/mo payment. Total monthly income is $4,710/mo. Return on cash invested measures 9.89% in year one, and rental yield stands at 5.14% at a $1,099,999 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,909 by year five. Five-year ROI records 50.26% and total cumulative return in cash reaches $179,119. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,710/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1938
5,000 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Meg Alley • Urbanspace
Mls Name: Unlock MLS
Mls ID: #9456533
