8607 Appalachian DrAustinTX78759
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
Investment Highlights
Rental property for sale in Austin at 8607 Appalachian Dr, Austin, TX, 78759 offers $7,757/mo rent that, after a $5,594/mo payment. Total monthly income is $7,757/mo. Return on cash invested measures 19.17% in year one, and rental yield stands at 8.14% at a $1,143,000 entry. Equity gained on principal adds $7,376/yr while 5% annual appreciation compounds into $315,790 by year five. Five-year ROI records 100.01% and total cumulative return in cash reaches $370,376. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,757/mo property income versus a $5,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78759, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,343 (100%) |
| Owner Occupied HU | 8,771 (41.1%) |
| Renter Occupied HU | 11,160 (52.3%) |
| Vacant Housing Units | 1,412 ( 6.6%) |
| Median Home Value | $710,900 |
| Average Home Value | $763,867 |
Housing Distribution
Address Breakdown
Residential
21,936
Single Family
10,480
Multi-Family
11,456
Businesses
2,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices