6217 Clovis St #AAustinTX78741
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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
Investment Highlights
Rental property for sale in Austin at 6217 Clovis St #A, Austin, TX, 78741 priced at $679,900 converts $3,953/mo rent into after a $3,328/mo obligation. Total monthly income equals $3,953/mo. Return on cash invested prints 15.33% in year one, and rental yield reads 6.98% against a $679,900 entry. Equity gained on principal adds $4,387/yr, while 5% annual appreciation compiles into $187,844 by year five. Five-year ROI reaches 79.46% and total cumulative return in cash sums $177,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,953/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in 2020
5,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78741, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 3,645 (12.5%) |
| Renter Occupied HU | 22,859 (78.3%) |
| Vacant Housing Units | 2,708 ( 9.3%) |
| Median Home Value | $457,851 |
| Average Home Value | $511,431 |
Housing Distribution
Address Breakdown
Residential
25,937
Single Family
7,789
Multi-Family
18,148
Businesses
755
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