2020 Sungate DrNew 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
Investment property for sale in New Braunfels at 2020 Sungate Dr, New Braunfels, TX, 78130 uses $82,875 cash to close to unlock $2,938/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $2,023/mo, and a $1,224/mo payment keeps the spread at $245/mo. Purchase price stands at $250,000, and rental yield measures 9.71% with $2,023/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash records $101,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,023/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2008
7,405 sqft 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
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