8000 Two Coves DrAustinTX78730
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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 8000 Two Coves Dr, Austin, TX, 78730 generates $13,982/mo in rent and, after a $8,761/mo payment, leaves $1,253/mo in cash flow. Total monthly income is $13,982/mo, and annual cash flow is $15,038/yr on $579,960 invested. Return on cash invested sits at 22.96% in year one, and rental yield is 9.37% on a $1,790,000 entry. Equity gained on principal adds $11,551/yr, while 5% annual appreciation builds toward $494,544 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash sums $698,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $13,982/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
2.93 Acres lot
$N/A/sqft
No 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: Dave Murray • Keller Williams Realty Austin
Mls Name: HAR
Mls Provider:
Mls ID: #58753545
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