7701 Rialto Blvd APT 623AustinTX78735
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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 7701 Rialto Blvd APT 623, Austin, TX, 78735 earns from $2,420/mo rent with a $1,561/mo payment. Total monthly income totals $2,420/mo. ROI tracks 16.26% on current figures, and rental yield reads 9.1% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 86.45% and total cumulative return in cash sums $91,417. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,420/mo property income instead of your personal income.
Condo
Built in 1999
4,016 sqft lot
$N/A/sqft
$330 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
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Listed by: Patrick Lalezari • Summit Realty
Mls Name: HAR
Mls Provider:
Mls ID: #39367894
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