7008 Wandering Oak RdAustinTX78749
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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
Rental property for sale in Austin at 7008 Wandering Oak Rd, Austin, TX, 78749 generates $4,337/mo in rent, after a $3,139/mo payment. Total monthly income is $4,337/mo. Return on cash invested sits at 18.65% in year one, and rental yield is 8.11% on a $641,400 entry. Equity gained on principal adds $4,139/yr, while 5% annual appreciation builds toward $177,207 over five years. Five-year ROI reaches 97.32% and total cumulative return in cash sums $205,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,337/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6,969 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78749, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 8,915 (51.9%) |
| Renter Occupied HU | 7,493 (43.6%) |
| Vacant Housing Units | 773 ( 4.5%) |
| Median Home Value | $601,697 |
| Average Home Value | $678,198 |
Housing Distribution
Address Breakdown
Residential
15,782
Single Family
10,567
Multi-Family
5,215
Businesses
379
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