0 N Gretchen Grove LnFredericksburgTX78624
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
Investment Highlights
Investment property for sale in Fredericksburg at 0 N Gretchen Grove Ln, Fredericksburg, TX, 78624 earns from $2,520/mo rent with a $2,828/mo payment. Total monthly income totals $2,520/mo. ROI tracks 10.03% on current figures, and rental yield reads 5.23% at a $577,700 purchase. Equity gained on principal adds $3,728/yr, and 5% annual appreciation supports $159,608 over five years. Five-year ROI reaches 51.06% and total cumulative return in cash sums $97,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Single Family
Built in N/A
10.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,017 (100%) |
| Owner Occupied HU | 7,603 (58.4%) |
| Renter Occupied HU | 2,910 (22.4%) |
| Vacant Housing Units | 2,504 (19.2%) |
| Median Home Value | $493,755 |
| Average Home Value | $638,185 |
Housing Distribution
Address Breakdown
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caroline Hartmann • Hartmann Andrews Realty
Mls Name: CHCBOR
Mls Provider:
Mls ID: #98597
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.