6324 N Lamar Blvd #213AustinTX78752
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 6324 N Lamar Blvd #213, Austin, TX, 78752 in Austin is narrow, $112/mo net on $2,024/mo rent after the $1,023/mo debt service, but the property operates at break-even-plus, not a loss. At $227,500 with a 10.68% yield, the long-run equity case via 5% appreciation ($62,854 over five years) and $2,095/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.98 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $113,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 4.5% |
| Monthly Cash Flow | $112 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,024 |
| Total Monthly Debt Service | $1,527 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78752, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 1,982 (19.1%) |
| Renter Occupied HU | 7,004 (67.4%) |
| Vacant Housing Units | 1,406 (13.5%) |
| Median Home Value | $493,660 |
| Average Home Value | $517,206 |
Housing Distribution
Address Breakdown
Residential
10,276
Single Family
3,895
Multi-Family
6,381
Businesses
1,158
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
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78752, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 1,982 (19.1%) |
| Renter Occupied HU | 7,004 (67.4%) |
| Vacant Housing Units | 1,406 (13.5%) |
| Median Home Value | $493,660 |
| Average Home Value | $517,206 |
Housing Distribution
Address Breakdown
Residential
10,276
Single Family
3,895
Multi-Family
6,381
Businesses
1,158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices