7013 Tonka LnAustinTX78744
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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 7013 Tonka Ln, Austin, TX, 78744 priced at $285,000 pairs $1,882/mo rent with after a $1,395/mo payment. Total monthly income equals $1,882/mo. Return on cash invested is 18.07% in year one, and rental yield stands at 7.92% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 94.24% and total cumulative return in cash reaches $89,034. For financing, Ziffy Mortgage’s DSCR program evaluates $1,882/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
4,508 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,678 (100%) |
| Owner Occupied HU | 10,607 (44.8%) |
| Renter Occupied HU | 11,551 (48.8%) |
| Vacant Housing Units | 1,520 ( 6.4%) |
| Median Home Value | $410,154 |
| Average Home Value | $446,224 |
Housing Distribution
Address Breakdown
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
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