Driskell Plan, Goodnight Ranch, Austin, TX, 78747 | $1,086/mo Cash Flow

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Driskell Plan, Goodnight Ranch, Austin, TX, 78747 | $1,086/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at Driskell Plan, Goodnight Ranch, Austin, TX, 78747 with 5% annual appreciation on a $500,990 basis while $4,649/mo rent supports operations. Total monthly income totals $4,649/mo and a $2,452/mo payment preserves $1,086/mo for cash returns. Annual cash flow comes to $13,038/yr on $164,826 deployed, and return on cash invested reaches 27.97% in year one. Equity gained on principal adds $3,233/yr, and five-year appreciation sums $138,414 alongside rental yield of 11.14%. Five-year ROI measures 147.26% and total cumulative return in cash totals $242,731.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,649/mo property income versus a $2,452/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

The Driskell is filled with coveted features like a detached 2-car garage and a casita. This is a 3-bedroom, 3.5-bathroom, 2-story home which boasts 2,057 sq.ft. of living space. The open-concept kitchen attached to the dining area and oversized family room is the perfect place to host family and friends alike. A large island makes entertaining easy, along with many windows to keep the space bright. As you make your way upstairs, youll find the homes three bedrooms, including a beautiful primary bedroom featuring a dual-sink ensuite and extensive storage space. A second-level laundry room is also included with this floor plan for the ultimate convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78747, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,594 (100%)
Owner Occupied HU	6,486 (61.2%)
Renter Occupied HU	3,573 (33.7%)
Vacant Housing Units	535 ( 5.1%)
Median Home Value	$480,624
Average Home Value	$535,946