6701 Covered Bridge Dr Unit 51AustinTX78736
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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
Investment property for sale in Austin at 6701 Covered Bridge Dr Unit 51, Austin, TX, 78736 earns from $2,848/mo rent with a $2,056/mo payment. Total monthly income totals $2,848/mo. ROI tracks 18.71% on current figures, and rental yield reads 8.14% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 97.62% and total cumulative return in cash sums $135,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,848/mo property income instead of your personal income.
Condo
Built in 2006
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78736, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 2,509 (54.9%) |
| Renter Occupied HU | 1,849 (40.5%) |
| Vacant Housing Units | 212 ( 4.6%) |
| Median Home Value | $674,083 |
| Average Home Value | $734,387 |
Housing Distribution
Address Breakdown
Residential
4,750
Single Family
3,103
Multi-Family
1,647
Businesses
246
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