1613 AngoloNew BraunfelsTX78132
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
Investment Highlights
Rental property for sale in New Braunfels at 1613 Angolo, New Braunfels, TX, 78132 priced at $833,500 converts $2,286/mo rent into after a $4,080/mo obligation. Total monthly income equals $2,286/mo. Return on cash invested prints 4.12% in year one, and rental yield reads 3.29% against a $833,500 entry. Equity gained on principal adds $5,378/yr, while 5% annual appreciation compiles into $230,281 by year five. Five-year ROI reaches 19.39% and total cumulative return in cash sums $53,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,286/mo property income covering a $4,080/mo payment, not borrower’s personal income.
Single Family
Built in 2014
1.08 Acres lot
$N/A/sqft
No 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
Listed by: Terre Collins • Vintage Oaks Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #549088
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.