102 W Morse StFredericksburgTX78624
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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
Investment property for sale in Fredericksburg at 102 W Morse St, Fredericksburg, TX, 78624 offers a 2.85% rental yield on a $1,299,500 purchase with $3,090/mo rent. 84% in year one. Equity gained on principal adds $8,385/yr while 5% annual appreciation supports $359,028 over five years. Portfolio math shows five-year ROI at 12.45% and total cumulative return in cash at $52,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,090/mo property income against a $6,360/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.42 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: Douglas Evans • Cross Mountain Realty
Mls Name: CHCBOR
Mls Provider:
Mls ID: #90696
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.