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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 6701 Covered Bridge Drive, Austin, TX, 78736 generates $3,036/mo in rent, after a $2,163/mo payment. Total monthly income is $3,036/mo. Return on cash invested sits at 15.35% in year one, and rental yield is 8.24% on a $442,000 entry. Equity gained on principal adds $2,852/yr, while 5% annual appreciation builds toward $122,116 over five years. Five-year ROI reaches 80.95% and total cumulative return in cash sums $118,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,036/mo property income rather than buyer’s personal income.
Condo
Built in 2006
9,147 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood data shown for ZIP Code: 78736, Austin, TX area.
| 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 |
Residential
4,750
Single Family
3,103
Multi-Family
1,647
Businesses
246
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Price change | $442,000 |
| 2024-11-15 | Listed for sale | $458,000 |
| 2024-08-17 | Listing removed | $462,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristen Ribera • My Texas Home Broker
Mls Name: HLMLS
Mls Provider:
Mls ID: #171100
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.
