7701 Rialto Blvd APT 1232AustinTX78735
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 7701 Rialto Blvd APT 1232, Austin, TX, 78735 in Austin. Rental yield 7.33%. The 1.36 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $91,988 and $3,067/yr in principal reduction project total return of $84,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 4.5% |
| Monthly Cash Flow | $(693) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,033 |
| Total Monthly Debt Service | $2,593 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1999
3,968 sqft lot
$N/A/sqft
$358 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78735, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 4,009 (39.6%) |
| Renter Occupied HU | 5,480 (54.2%) |
| Vacant Housing Units | 629 ( 6.2%) |
| Median Home Value | $878,102 |
| Average Home Value | $1,077,110 |
Housing Distribution
Address Breakdown
Residential
10,517
Single Family
5,945
Multi-Family
4,572
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1999
3,968 sqft lot
$N/A/sqft
$358 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78735, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 4,009 (39.6%) |
| Renter Occupied HU | 5,480 (54.2%) |
| Vacant Housing Units | 629 ( 6.2%) |
| Median Home Value | $878,102 |
| Average Home Value | $1,077,110 |
Housing Distribution
Address Breakdown
Residential
10,517
Single Family
5,945
Multi-Family
4,572
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don Harvey • Stanberry REALTORS
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #3056410
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-05-23 11:26:40 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)