7608 Lazy River CvAustinTX78730
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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 7608 Lazy River Cv, Austin, TX, 78730 priced at $1,699,000 converts $5,762/mo rent into after a $8,316/mo obligation. Total monthly income equals $5,762/mo. Return on cash invested prints 6.46% in year one, and rental yield reads 4.07% against a $1,699,000 entry. Equity gained on principal adds $10,963/yr, while 5% annual appreciation compiles into $469,402 by year five. Five-year ROI reaches 31.89% and total cumulative return in cash sums $175,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,762/mo property income covering a $8,316/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.52 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78730, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,943 (100%) |
| Owner Occupied HU | 2,493 (63.2%) |
| Renter Occupied HU | 1,107 (28.1%) |
| Vacant Housing Units | 343 ( 8.7%) |
| Median Home Value | $1,113,662 |
| Average Home Value | $1,213,813 |
Housing Distribution
Address Breakdown
Residential
4,276
Single Family
2,799
Multi-Family
1,477
Businesses
303
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Listed by: Andrew Allen • Keller Williams Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1100903
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-28 05:38:51 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)