6814 E Riverside Dr UNIT 32AustinTX78741
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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 6814 E Riverside Dr UNIT 32, Austin, TX, 78741 listed at $375,000 pairs $2,678/mo rent with a $1,835/mo payment to leave $12/mo cash flow. Total monthly income runs $2,678/mo, and annual cash flow reaches $141/yr on $124,313 cash to close. Return on cash invested measures 20.02% in year one, and rental yield registers 8.57% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 104.66% and total cumulative return in cash totals $130,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,678/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2017
2,421 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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