1111 Long Creek Blvd #304New BraunfelsTX78130
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Nearby investment properties with comparable prices
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 Braunfels at 1111 Long Creek Blvd #304, New Braunfels, TX, 78130 earns $831/mo cash flow from $3,526/mo rent with a $1,590/mo payment. Total monthly income totals $3,526/mo, and annual cash flow totals $9,973/yr on $107,664 capital. ROI tracks 29.17% on current figures, and rental yield reads 13.03% at a $324,777 purchase. Equity gained on principal adds $2,096/yr, and 5% annual appreciation supports $89,730 over five years. Five-year ROI reaches 155.31% and total cumulative return in cash sums $167,211. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,526/mo property income instead of your personal income.
Condo
Built in 2008
3.89 Acres lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,037 (100%) |
| Owner Occupied HU | 27,457 (59.6%) |
| Renter Occupied HU | 13,981 (30.4%) |
| Vacant Housing Units | 4,599 ( 10.0%) |
| Median Home Value | $346,647 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
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Listed by: Kendra Wray • Keller Williams Heritage
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #534133
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 Central Texas MLS, All Rights Reserved.