101 S Spies Ridge DrFredericksburgTX78624
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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
Investment Highlights
Rental property for sale in Fredericksburg at 101 S Spies Ridge Dr, Fredericksburg, TX, 78624 offers $4,558/mo rent that, after a $9,300/mo payment. Total monthly income is $4,558/mo. Return on cash invested measures 2.92% in year one, and rental yield stands at 2.88% at a $1,900,000 entry. Equity gained on principal adds $12,260/yr while 5% annual appreciation compounds into $524,935 by year five. Five-year ROI records 12.86% and total cumulative return in cash reaches $79,179. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,558/mo property income versus a $9,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
5.11 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
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Listed by: Rebekah Sauer • Real Estate Advisory Team, LLC
Mls Name: CHCBOR
Mls ID: #99011