8200 Neely Dr APT 204AustinTX78759
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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 8200 Neely Dr APT 204, Austin, TX, 78759 uses $89,805 cash to close to unlock $414/yr annual cash flow and $35/mo monthly cash flow. Total monthly income runs $2,179/mo, and a $1,326/mo payment keeps the spread at $35/mo. Purchase price stands at $270,905, and rental yield measures 9.65% with $2,179/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $74,846 over five years. Five-year ROI reaches 107.59% and total cumulative return in cash records $96,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,326/mo payment rather than investor’s personal income.
Condo
Built in 1982
4,573 sqft lot
$N/A/sqft
$218 monthly 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
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