115 NewrockSchertzTX78154
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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
Rental property for sale in Schertz at 115 Newrock, Schertz, TX, 78154 priced at $364,900 converts $2,900/mo rent into $305/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,900/mo, and annual cash flow totals $3,662/yr on $120,964 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 9.54% against a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,815 by year five. Five-year ROI reaches 120.31% and total cumulative return in cash sums $145,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,900/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1997
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78154, Schertz, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,748 (69.7%) |
| Renter Occupied HU | 4,430 (26.3%) |
| Vacant Housing Units | 676 ( 4.0%) |
| Median Home Value | $337,195 |
| Average Home Value | $362,054 |
Housing Distribution
Address Breakdown
Residential
16,857
Single Family
14,951
Multi-Family
1,906
Businesses
1,410
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