1045 McElroy LnNew UlmTX78950
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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 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
Neighborhood data shown for ZIP Code: 78950, New Ulm, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
55
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