117 Stoneledge DrFredericksburgTX78624
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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 Fredericksburg at 117 Stoneledge Dr, Fredericksburg, TX, 78624 offers $2,956/mo rent that, after a $930/mo payment, leaves $1,600/mo cash flow. Total monthly income is $2,956/mo, and annual cash flow is $19,205/yr on $63,018 cash. Return on cash invested measures 50.38% in year one, and rental yield stands at 18.66% at a $190,100 entry. Equity gained on principal adds $1,227/yr while 5% annual appreciation compounds into $52,521 by year five. Five-year ROI records 267.54% and total cumulative return in cash reaches $168,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,956/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.29 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
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Nearby investment properties with comparable prices
Listed by: Charlie Kiehne • Real Estate Advisory Team, LLC
Mls Name: CHCBOR
Mls Provider:
Mls ID: #87948
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.