








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Austin at 6304 Wavell Pl, Austin, TX, 78738 earns $5,437/mo cash flow from $11,200/mo rent with a $3,914/mo payment. Total monthly income totals $11,200/mo, and annual cash flow totals $65,241/yr on $263,084 capital. ROI tracks 44.86% on current figures, and rental yield reads 16.81% at a $799,648 purchase. Equity gained on principal adds $5,160/yr, and 5% annual appreciation supports $220,928 over five years. Five-year ROI reaches 237.95% and total cumulative return in cash sums $625,997. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $11,200/mo property income instead of your personal income.
Single Family
Built in 2023
6,011 sqft lot
$N/A/sqft
$230 quarterly HOA
Neighborhood data shown for ZIP Code: 78738, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,817 (100%) |
| Owner Occupied HU | 9,948 (72.0%) |
| Renter Occupied HU | 3,060 (22.1%) |
| Vacant Housing Units | 809 ( 5.9%) |
| Median Home Value | $863,930 |
| Average Home Value | $1,035,231 |
Residential
13,242
Single Family
11,168
Multi-Family
2,074
Businesses
914
Date | Event | Price |
|---|---|---|
| 2024-05-12 | Listed for sale | $799,648 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Susan Reames • Coldwell Banker Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8250095
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-13 16:34:49 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)