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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% |
Investment property for sale in New Braunfels at 1642 S Mikula Pl, New Braunfels, TX, 78130 at $595,000 posts ROI 6.72% with from $2,100/mo rent. Total monthly income equals $2,100/mo. Return on cash invested measures 6.72% and rental yield reads 4.24% at the current $595,000. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 by year five. Five-year ROI prints 33.4% and total cumulative return in cash totals $65,390. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
4,835 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
| 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 |
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Listed for sale | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rita Oates • eXp Realty-Absolute Charm Real Estate Group
Mls Name: CHCBOR
Mls Provider:
Mls ID: #96453
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
