6416 Cowman WayAustinTX78747
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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 6416 Cowman Way, Austin, TX, 78747 generates $2,931/mo in rent, after a $2,203/mo payment. Total monthly income is $2,931/mo. Return on cash invested sits at 17.74% in year one, and rental yield is 7.82% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 92.44% and total cumulative return in cash sums $137,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,931/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78747, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 6,486 (61.2%) |
| Renter Occupied HU | 3,573 (33.7%) |
| Vacant Housing Units | 535 ( 5.1%) |
| Median Home Value | $480,624 |
| Average Home Value | $535,946 |
Housing Distribution
Address Breakdown
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
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