120 T BAR M RD UNIT A120New BraunfelsTX78132
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow120 T BAR M RD UNIT A120, New Braunfels, TX, 78132 in New Braunfels is a top-tier cash-flow asset. At $339,999 it produces $3,720/mo in rent and $813/mo in net monthly income, a 13.13% gross rental yield. The DSCR of 2.43 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $9,759. Five-year appreciation adds $93,935, driving a total cumulative return of $184,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 6.8% |
| Monthly Cash Flow | $813 | $450 |
City averages based on New Braunfels market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,720 |
| Total Monthly Debt Service | $2,772 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
$489 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
Nearby investment properties with comparable rents
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$489 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices