8518 Cahill Dr APT 19AustinTX78729
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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 8518 Cahill Dr APT 19, Austin, TX, 78729 uses $98,787 cash to close to unlock $1,373/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $2,234/mo, and a $1,459/mo payment keeps the spread at $114/mo. Purchase price stands at $298,000, and rental yield measures 9% with $2,234/mo rent. Return on cash invested shows 21.3% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 111.53% and total cumulative return in cash records $110,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,234/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78729, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,395 (100%) |
| Owner Occupied HU | 5,342 (34.7%) |
| Renter Occupied HU | 9,442 (61.3%) |
| Vacant Housing Units | 611 ( 4.0%) |
| Median Home Value | $489,566 |
| Average Home Value | $533,615 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
7,344
Multi-Family
7,507
Businesses
552
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