Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Austin at 6501 E Hill Dr APT 119, Austin, TX, 78731 generates $2,185/mo in rent, after a $1,175/mo payment. Total monthly income is $2,185/mo. Return on cash invested sits at 18.28% in year one, and rental yield is 10.93% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 98.51% and total cumulative return in cash sums $78,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,185/mo property income rather than buyer’s personal income.
Condo
Built in 1968
1,393 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood data shown for ZIP Code: 78731, Austin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,491 (100%) |
| Owner Occupied HU | 7,716 (53.2%) |
| Renter Occupied HU | 5,868 (40.5%) |
| Vacant Housing Units | 907 ( 6.3%) |
| Median Home Value | $921,510 |
| Average Home Value | $1,035,055 |
Residential
13,922
Single Family
8,632
Multi-Family
5,290
Businesses
1,259
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Price change | $240,000 |
| 2024-09-30 | Price change | $260,000 |
| 2024-08-19 | Listed for sale | $277,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | N/A | N/A | $321,500 | -5.17% |
| 2022-10-18 | $6695.28 | N/A | $339,015 | 49.77% |
| 2021-10-18 | N/A | N/A | $226,352 | 8.37% |
Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: NTREIS
Mls ID: #20701909
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
