8208 Springsteen DrAustinTX78744
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder8208 Springsteen Dr, Austin, TX, 78744 in Austin is a stable, well-positioned rental at $316,531. Rental yield 7.73%. DSCR 1.35 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $87,452 in value and $2,915/yr in principal paydown builds equity, a total projected return of $93,237.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.5% |
| Monthly Cash Flow | $(318) | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $2,232 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
2,234 sqft lot
$N/A/sqft
$107 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,678 (100%) |
| Owner Occupied HU | 10,607 (44.8%) |
| Renter Occupied HU | 11,551 (48.8%) |
| Vacant Housing Units | 1,520 ( 6.4%) |
| Median Home Value | $410,154 |
| Average Home Value | $446,224 |
Housing Distribution
Address Breakdown
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
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
Single Family
Built in 2025
2,234 sqft lot
$N/A/sqft
$107 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78744, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,678 (100%) |
| Owner Occupied HU | 10,607 (44.8%) |
| Renter Occupied HU | 11,551 (48.8%) |
| Vacant Housing Units | 1,520 ( 6.4%) |
| Median Home Value | $410,154 |
| Average Home Value | $446,224 |
Housing Distribution
Address Breakdown
Residential
22,141
Single Family
14,979
Multi-Family
7,162
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Schneider • Brookfield Residential
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6019190
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-04-30 11:48:42 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)