8203 Riverstone DrAustinTX78724
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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 8203 Riverstone Dr, Austin, TX, 78724 generates $2,915/mo in rent and, after a $1,731/mo payment, leaves $305/mo in cash flow. Total monthly income is $2,915/mo, and annual cash flow is $3,659/yr on $117,266 invested. Return on cash invested sits at 23.03% in year one, and rental yield is 9.89% on a $353,744 entry. Equity gained on principal adds $2,283/yr, while 5% annual appreciation builds toward $97,733 over five years. Five-year ROI reaches 121.13% and total cumulative return in cash sums $142,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,915/mo property income rather than buyer’s personal income.
Multi Family
Built in 2002
8,450 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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