1145 academy # 2New BraunfelsTX78130
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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 Braunfels at 1145 academy # 2, New Braunfels, TX, 78130 uses $129,252 cash to close to unlock $2,493/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $1,908/mo payment keeps the spread at $208/mo. Purchase price stands at $389,900, and rental yield measures 9.17% with $2,980/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash records $147,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No 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: Kyle Dodson • Dodson Realty
Mls Name: LERA MLS
Mls ID: #1928161