9221 Corvallis DrAustinTX78747
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 9221 Corvallis Dr, Austin, TX, 78747 in Austin is narrow, $140/mo net on $2,996/mo rent after the $1,781/mo debt service, but the property operates at break-even-plus, not a loss. At $395,990 with a 9.08% yield, the long-run equity case via 5% appreciation ($109,405 over five years) and $3,647/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $160,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.5% |
| Monthly Cash Flow | $140 | $1,850 |
City averages based on Austin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,996 |
| Total Monthly Debt Service | $2,698 |
| DSCR Ratio | 1.11x |
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 2026
5,127 sqft lot
$N/A/sqft
$120 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
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 2026
5,127 sqft lot
$N/A/sqft
$120 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,942
Single Family
8,374
Multi-Family
2,568
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Easter • M/I Homes Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6060412
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-03-25 14:57:27 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)