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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Ulm at 100 Oakmont Dr, New Ulm, TX, 78950 offers a 10.64% rental yield on a $445,000 purchase with $3,947/mo rent. Total monthly income registers $3,947/mo, and a $2,178/mo payment leaves $776/mo available for distribution. Annual cash flow reaches $9,316/yr on $147,518 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 137.94% and total cumulative return in cash at $203,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,947/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
8,276 sqft lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 78950, New Ulm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 885 (60.2%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 477 (32.5%) |
| Median Home Value | $413,356 |
| Average Home Value | $574,579 |
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2024-05-31 | Listed for sale | $445,000 |
| 2022-06-02 | Listing removed | N/A |
| 2022-04-11 | Pending sale | $445,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2887.23 | -27.04% | $325,260 | 44.04% |
| 2022-08-14 | $3957.01 | -4.21% | $225,820 | N/A |
| 2021-08-14 | $4130.98 | N/A | $225,820 | 4.17% |
Listed by: Heidi May • Leyco Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #92022445
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