6302 Thurgood AveAustinTX78721
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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
Total monthly income runs $2,884/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 8.34% with $2,884/mo rent. Return on cash invested shows 19.33% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 100.95% and total cumulative return in cash records $138,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,884/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78721, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,473 (100%) |
| Owner Occupied HU | 2,507 (38.7%) |
| Renter Occupied HU | 2,868 (44.3%) |
| Vacant Housing Units | 1,098 (17.0%) |
| Median Home Value | $603,149 |
| Average Home Value | $714,128 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
3,949
Multi-Family
1,485
Businesses
322
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