1017 W 31st St, Austin, TX, 78705 | 3.18% Rental Yield

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1017 W 31st St, Austin, TX, 78705 | 3.18% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Austin at 1017 W 31st St, Austin, TX, 78705 generates $2,520/mo in rent, after a $4,650/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 3.8% in year one, and rental yield is 3.18% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 17.63% and total cumulative return in cash sums $55,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.

Single Family

Built in 1939

7,426 sqft lot

$N/A/sqft

No HOA

More details about the property

Opportunity abounds at this Bryker Woods property that is conveniently located near Shoal Creeks charming walking paths. Lush greenery and mature trees provide the .171-acre lot with shade and privacy. This property is a canvas to build your dream residence in an incredible Central Austin location. Enjoy many shops, salons and restaurants along North Lamar Blvd., 26 Doors and The Drag on Guadalupe Street, all located within a mile for entertainment and convenience. Shoal Creek Trail is around the corner for a morning hike and nearby Bailey Neighborhood Park features a splash pad, tennis courts, and beach volleyball courts for an easy traipse outdoors. Additionally, the UT Campus and The Triangle are just over a mile away from the property. This property presents an exceptional chance to own in desirable Bryker Woods. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78705, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,526 (100%)
Owner Occupied HU	1,265 ( 8.1%)
Renter Occupied HU	12,438 (80.1%)
Vacant Housing Units	1,823 (11.7%)
Median Home Value	$659,871
Average Home Value	$784,458