2010 Peoples St, Austin, TX, 78702 | 6.31% Rental Yield

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2010 Peoples St, Austin, TX, 78702 | 6.31% 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

Investment property for sale in Austin at 2010 Peoples St, Austin, TX, 78702 listed at $399,999 pairs $2,102/mo rent with a $1,958/mo payment. Total monthly income runs $2,102/mo. Return on cash invested measures 13.19% in year one, and rental yield registers 6.31% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 68.04% and total cumulative return in cash totals $90,219. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,102/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1941

5,244 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the charm and potential of Austins vibrant East Side with this ideally located property offering endless opportunity. Whether youre looking to build your dream home or invest in one of the citys most dynamic areas, this location delivers the perfect setting. Nestled just minutes from Downtown Austin, youll enjoy convenient access to the citys most iconic destinations. The University of Texas at Austin and Austin Community College are within easy reach, while the world-famous Franklin Barbecue sits right in the neighborhoodan Austin favorite known around the world. The property is also conveniently positioned near Austin-Bergstrom International Airport, making travel and connectivity simple and efficient. Set within the creative and fast-growing East Austin community, this location combines cultural richness with accessibility. With I-35 just moments away, youll have direct routes to everything Austin has to offerwhether its local dining, entertainment, or downtown nightlife. This property represents a rare chance to craft something exceptional in one of Austins most sought-after neighborhoodsa place where potential meets location, and opportunity meets lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78702, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,059 (100%)
Owner Occupied HU	5,068 (29.7%)
Renter Occupied HU	9,519 (55.8%)
Vacant Housing Units	2,472 (14.5%)
Median Home Value	$763,118
Average Home Value	$851,523