6814 E Riverside Dr UNIT 63AustinTX78741
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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 63, Austin, TX, 78741 offers a 5.9% rental yield on a $397,300 purchase with $1,953/mo rent. 86% in year one. Equity gained on principal adds $2,564/yr while 5% annual appreciation supports $109,767 over five years. Portfolio math shows five-year ROI at 40.92% and total cumulative return in cash at $53,900. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,953/mo property income against a $1,945/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
2,613 sqft lot
$N/A/sqft
$240 monthly 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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