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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 New Ulm at 1408 N Falls Dr, New Ulm, TX, 78950 priced at $899,000 pairs $4,356/mo rent with after a $4,400/mo payment. Total monthly income equals $4,356/mo. Return on cash invested is 11.8% in year one, and rental yield stands at 5.81% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 60.53% and total cumulative return in cash reaches $179,038. For financing, Ziffy Mortgage’s DSCR program evaluates $4,356/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78950, New Ulm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 885 (60.2%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 477 (32.5%) |
| Median Home Value | $413,356 |
| Average Home Value | $574,579 |
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Price change | $899,000 |
| 2025-04-08 | Listed for sale | $990,000 |
| 2010-06-08 | Listing removed | $323,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $3373.19 | 3.06% | $363,254 | 10.00% |
| 2023-04-23 | $3273.14 | -39.35% | $330,231 | 10.00% |
| 2022-04-23 | $5396.37 | -3.24% | $300,210 | N/A |
Listed by: Heidi May • Leyco Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #23132387
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