8200 Neely Dr APT 217AustinTX78759
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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 217, Austin, TX, 78759 uses $103,703 cash to close to unlock $991/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $1,531/mo payment keeps the spread at $83/mo. Purchase price stands at $312,829, and rental yield measures 9.69% with $2,525/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $86,429 over five years. Five-year ROI reaches 110.1% and total cumulative return in cash records $114,176. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $1,531/mo payment rather than investor’s personal income.
Condo
Built in 1982
6,669 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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