6903 Deatonhill Dr APT 16AustinTX78745
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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 6903 Deatonhill Dr APT 16, Austin, TX, 78745 offers a 9.14% rental yield on a $125,000 purchase with $952/mo rent. Total monthly income registers $952/mo, and a $612/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $755/yr on $41,438 to close, and return on cash invested stands at 21.73% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 113.79% and total cumulative return in cash at $47,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $952/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
1,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78745, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,423 (100%) |
| Owner Occupied HU | 12,674 (41.7%) |
| Renter Occupied HU | 15,947 (52.4%) |
| Vacant Housing Units | 1,802 ( 5.9%) |
| Median Home Value | $533,609 |
| Average Home Value | $591,818 |
Housing Distribution
Address Breakdown
Residential
31,391
Single Family
20,135
Multi-Family
11,256
Businesses
1,728
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