6324 N Lamar Blvd #419AustinTX78752
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 6324 N Lamar Blvd #419, Austin, TX, 78752 in Austin is the 1.61 coverage ratio: rent of $2,550/mo versus a $1,585/mo debt payment on a $352,500 property. Rental yield 8.68%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $97,389 by year five, with $3,247/yr in equity from paydown. Total projected cumulative return: $137,880.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.5% |
| Monthly Cash Flow | $(307) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,550 |
| Total Monthly Debt Service | $2,366 |
| DSCR Ratio | 1.08x |
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
723.10 sqft 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
723.10 sqft 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