1273 Pelican PlNew 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
Rental property for sale in New Braunfels at 1273 Pelican Pl, New Braunfels, TX, 78130 generates $3,574/mo in rent and, after a $1,466/mo payment, leaves $1,410/mo in cash flow. Total monthly income is $3,574/mo, and annual cash flow is $16,914/yr on $99,284 invested. Return on cash invested sits at 36.95% in year one, and rental yield is 14.32% on a $299,500 entry. Equity gained on principal adds $1,933/yr, while 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 195.58% and total cumulative return in cash sums $194,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,574/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
7,056 sqft lot
$N/A/sqft
$415 annually 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: Meiling Hernandez • Heritage Homes & Ranches
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #548484
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 Central Texas MLS, All Rights Reserved.