906 Ruth AveAustinTX78757
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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 906 Ruth Ave, Austin, TX, 78757 offers $2,821/mo rent that, after a $2,950/mo payment. Total monthly income is $2,821/mo. Return on cash invested measures 10.12% in year one, and rental yield stands at 5.62% at a $602,800 entry. Equity gained on principal adds $3,890/yr while 5% annual appreciation compounds into $166,543 by year five. Five-year ROI records 51.94% and total cumulative return in cash reaches $103,011. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,821/mo property income versus a $2,950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78757, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,139 (47.1%) |
| Renter Occupied HU | 5,539 (42.5%) |
| Vacant Housing Units | 1,365 (10.5%) |
| Median Home Value | $693,793 |
| Average Home Value | $774,919 |
Housing Distribution
Address Breakdown
Residential
11,553
Single Family
8,502
Multi-Family
3,051
Businesses
1,109
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