8151 Meandering WayAustinTX78759
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
Investment Highlights
Rental property for sale in Austin at 8151 Meandering Way, Austin, TX, 78759 generates $1,260/mo in rent, after a $2,198/mo payment. Total monthly income is $1,260/mo. Return on cash invested sits at 4.32% in year one, and rental yield is 3.37% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 20.47% and total cumulative return in cash sums $30,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78759, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,343 (100%) |
| Owner Occupied HU | 8,771 (41.1%) |
| Renter Occupied HU | 11,160 (52.3%) |
| Vacant Housing Units | 1,412 ( 6.6%) |
| Median Home Value | $710,900 |
| Average Home Value | $763,867 |
Housing Distribution
Address Breakdown
Residential
21,936
Single Family
10,480
Multi-Family
11,456
Businesses
2,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices