Plan 229 Plan, Parten: 65ft. lotsAustinTX78737
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines Plan 229 Plan, Parten: 65ft. lots, Austin, TX, 78737 in Austin: $8,995/mo in rent, $2,474/mo net, 11.77% gross yield, all on a $916,990 acquisition. The 2.18 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $253,347 in value, and $8,446/yr in principal paydown steadily builds equity. Projected total cumulative return: $510,648.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 4.5% |
| Monthly Cash Flow | $2,474 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,995 |
| Total Monthly Debt Service | $6,156 |
| DSCR Ratio | 1.46x |
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 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78737, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 7,449 (81.3%) |
| Renter Occupied HU | 1,335 (14.6%) |
| Vacant Housing Units | 376 ( 4.1%) |
| Median Home Value | $721,648 |
| Average Home Value | $794,069 |
Housing Distribution
Address Breakdown
Residential
9,051
Single Family
7,880
Multi-Family
1,171
Businesses
414
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 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78737, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 7,449 (81.3%) |
| Renter Occupied HU | 1,335 (14.6%) |
| Vacant Housing Units | 376 ( 4.1%) |
| Median Home Value | $721,648 |
| Average Home Value | $794,069 |
Housing Distribution
Address Breakdown
Residential
9,051
Single Family
7,880
Multi-Family
1,171
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices