8416 Linda Michelle LnAustinTX78724
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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 8416 Linda Michelle Ln, Austin, TX, 78724 listed at $479,900 pairs $3,307/mo rent with a $2,349/mo payment. Total monthly income runs $3,307/mo. Return on cash invested measures 19.11% in year one, and rental yield registers 8.27% at a $479,900 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,588 by year five. Five-year ROI tracks 99.8% and total cumulative return in cash totals $158,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,307/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
7,008 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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