8905 Meridian Oak LnAustinTX78744
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 8905 Meridian Oak Ln, Austin, TX, 78744 in Austin earns a 9.58% gross yield at $328,900. Rent of $2,624/mo nets $269/mo after the $1,479/mo mortgage. The 1.77 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $90,869 and $3,029/yr in equity accumulation project a total cumulative return of $143,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.5% |
| Monthly Cash Flow | $269 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,624 |
| Total Monthly Debt Service | $2,225 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2005
5,174 sqft lot
$N/A/sqft
$200 annually 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 2005
5,174 sqft lot
$N/A/sqft
$200 annually 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