








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Fredericksburg at 116 Feather Way, Fredericksburg, TX, 78624 priced at $365,000 converts $2,743/mo rent into $148/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,743/mo, and annual cash flow totals $1,775/yr on $120,998 invested. Return on cash invested prints 21.38% in year one, and rental yield reads 9.02% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 111.91% and total cumulative return in cash sums $135,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,743/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 2022
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,017 (100%) |
| Owner Occupied HU | 7,603 (58.4%) |
| Renter Occupied HU | 2,910 (22.4%) |
| Vacant Housing Units | 2,504 (19.2%) |
| Median Home Value | $493,755 |
| Average Home Value | $638,185 |
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
Date | Event | Price |
|---|---|---|
| 2024-11-21 | Price change | $365,000 |
| 2024-09-12 | Listed for sale | $399,000 |
| 2024-09-06 | Listing removed | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-28 | N/A | N/A | $410,180 | -3.35% |
| 2023-12-28 | $5199.03 | 542.66% | $424,390 | 684.02% |
| 2022-12-28 | $808.98 | 7.95% | $54,130 | 11.06% |



Listed by: Heather Dickens • eXp Realty, LLC
Mls Name: CHCBOR
Mls Provider:
Mls ID: #93826
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.