6910 Hart Ln APT 807AustinTX78731
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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 6910 Hart Ln APT 807, Austin, TX, 78731 uses $95,804 cash to close to unlock $4,865/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,461/mo, and a $1,415/mo payment keeps the spread at $405/mo. Purchase price stands at $289,000, and rental yield measures 10.22% with $2,461/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 131.31% and total cumulative return in cash records $125,798. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,461/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1973
2,918 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78731, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,491 (100%) |
| Owner Occupied HU | 7,716 (53.2%) |
| Renter Occupied HU | 5,868 (40.5%) |
| Vacant Housing Units | 907 ( 6.3%) |
| Median Home Value | $921,510 |
| Average Home Value | $1,035,055 |
Housing Distribution
Address Breakdown
Residential
13,922
Single Family
8,632
Multi-Family
5,290
Businesses
1,259
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