6718 Silvermine Dr APT 802, Austin, TX, 78736 | $408/mo Cash Flow

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6718 Silvermine Dr APT 802, Austin, TX, 78736 | $408/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 6718 Silvermine Dr APT 802, Austin, TX, 78736 listed at $200,000 pairs $1,830/mo rent with a $979/mo payment to leave $408/mo cash flow. Total monthly income runs $1,830/mo, and annual cash flow reaches $4,892/yr on $66,300 cash to close. Return on cash invested measures 27.29% in year one, and rental yield registers 10.98% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 143.63% and total cumulative return in cash totals $95,228. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,830/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

This two-story townhome-style condo has been completely rebuilt from top to bottom and is ready for its next chapter. Inside, youll find two comfortable bedrooms, 1.5 bathrooms, and hookups for a stackable washer and dryer. Step outside to enjoy your own private, enclosed patio on the main flooror head upstairs to relax on the upper-level deck. Its a fresh start in a cozy space with a layout that just makes sense.

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