8503 Colony Loop 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 8503 Colony Loop Dr, Austin, TX, 78724 generates $1,879/mo in rent, after a $3,402/mo payment. Total monthly income is $1,879/mo. Return on cash invested sits at 3.98% in year one, and rental yield is 3.24% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 18.63% and total cumulative return in cash sums $42,594. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,879/mo property income rather than buyer’s personal income.
Multi Family
Built in 1984
0.31 Acres 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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Listed by: Jacob Rodrigues Pereira • Front Page Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2900562
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-12 09:24:22 PST. 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](/info/mls-disclaimers/#mls_27)