162 New York AveNew BraunfelsTX78130
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
Investment property for sale in New Braunfels at 162 New York Ave, New Braunfels, TX, 78130 earns from $2,372/mo rent with a $6,358/mo payment. Total monthly income totals $2,372/mo. ROI tracks 0.8% on current figures, and rental yield reads 2.19% at a $1,299,000 purchase. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 over five years. Five-year ROI reaches 1.49% and total cumulative return in cash sums $6,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,372/mo property income instead of your personal income.
Single Family
Built in 1958
0.35 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Smith • Keller Williams Heritage
Mls Name: LERA MLS
Mls ID: #1935970