6813 Suena Dr #1AustinTX78741
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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 6813 Suena Dr #1, Austin, TX, 78741 uses $142,512 cash to close to unlock $13,410/yr annual cash flow and $1,117/mo monthly cash flow. Total monthly income runs $4,614/mo, and a $2,104/mo payment keeps the spread at $1,117/mo. Purchase price stands at $429,900, and rental yield measures 12.88% with $4,614/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 155.87% and total cumulative return in cash records $222,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,614/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Condo
Built in 2022
2,879 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78741, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 3,645 (12.5%) |
| Renter Occupied HU | 22,859 (78.3%) |
| Vacant Housing Units | 2,708 ( 9.3%) |
| Median Home Value | $457,851 |
| Average Home Value | $511,431 |
Housing Distribution
Address Breakdown
Residential
25,937
Single Family
7,789
Multi-Family
18,148
Businesses
755
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Listed by: Dustin Raye • Spyglass Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8917466
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-31 01:22:09 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)