6604 Lexington RdAustinTX78757
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
Investment Highlights
Rental property for sale in Austin at 6604 Lexington Rd, Austin, TX, 78757 offers $4,245/mo rent that, after a $5,629/mo payment. Total monthly income is $4,245/mo. Return on cash invested measures 7.7% in year one, and rental yield stands at 4.43% at a $1,150,000 entry. Equity gained on principal adds $7,421/yr while 5% annual appreciation compounds into $317,724 by year five. Five-year ROI records 38.52% and total cumulative return in cash reaches $143,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,245/mo property income versus a $5,629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
8,337 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Housing Distribution
Address Breakdown
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices