7311 Providence Ave UNIT BAustinTX78752
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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 7311 Providence Ave UNIT B, Austin, TX, 78752 earns from $1,976/mo rent with a $1,826/mo payment. Total monthly income totals $1,976/mo. ROI tracks 13.27% on current figures, and rental yield reads 6.36% at a $373,100 purchase. Equity gained on principal adds $2,408/yr, and 5% annual appreciation supports $103,081 over five years. Five-year ROI reaches 68.48% and total cumulative return in cash sums $84,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,976/mo property income instead of your personal income.
Condo
Built in 2018
4,138 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78752, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 1,982 (19.1%) |
| Renter Occupied HU | 7,004 (67.4%) |
| Vacant Housing Units | 1,406 (13.5%) |
| Median Home Value | $493,660 |
| Average Home Value | $517,206 |
Housing Distribution
Address Breakdown
Residential
10,276
Single Family
3,895
Multi-Family
6,381
Businesses
1,158
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