7110 Sungate DrAustinTX78731
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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 7110 Sungate Dr, Austin, TX, 78731 priced at $1,056,500 converts $4,584/mo rent into after a $5,171/mo obligation. Total monthly income equals $4,584/mo. Return on cash invested prints 10.1% in year one, and rental yield reads 5.21% against a $1,056,500 entry. Equity gained on principal adds $6,817/yr, while 5% annual appreciation compiles into $291,891 by year five. Five-year ROI reaches 51.4% and total cumulative return in cash sums $175,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,584/mo property income covering a $5,171/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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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