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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 1045 McElroy Ln, New Ulm, TX, 78950 with 5% annual appreciation on a $795,486 basis while $2,664/mo rent supports operations. 34% in year one. Equity gained on principal adds $5,133/yr, and five-year appreciation sums $219,778 alongside rental yield of 4.02%. Five-year ROI measures 31.24% and total cumulative return in cash totals $81,762. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,664/mo property income versus a $3,894/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2014
26.16 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-16 | Listing removed | $674,000 |
| 2024-05-21 | Price change | $674,000 |
| 2024-05-21 | Listed for sale | $1,178,830 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-29 | $256.49 | 3.62% | $18,470 | 5.19% |
| 2023-06-29 | $247.53 | -30.39% | $17,558 | -15.89% |
| 2022-06-29 | $355.62 | -0.17% | $20,876 | 3.17% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
