7709 Jacobean WayAustinTX78724
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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 7709 Jacobean Way, Austin, TX, 78724 priced at $449,000 converts $2,786/mo rent into after a $2,198/mo obligation. Total monthly income equals $2,786/mo. Return on cash invested prints 16.63% in year one, and rental yield reads 7.45% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 86.45% and total cumulative return in cash sums $128,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,786/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2021
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78724, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,683 (100%) |
| Owner Occupied HU | 6,433 (55.1%) |
| Renter Occupied HU | 4,399 (37.7%) |
| Vacant Housing Units | 851 ( 7.3%) |
| Median Home Value | $382,453 |
| Average Home Value | $396,992 |
Housing Distribution
Address Breakdown
Residential
11,548
Single Family
8,921
Multi-Family
2,627
Businesses
264
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