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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 Schulenburg at 208 Summit St, Schulenburg, TX, 78956 priced at $199,500 pairs $1,591/mo rent with $173/mo cash flow after a $976/mo payment. Total monthly income equals $1,591/mo, and annual cash flow comes to $2,073/yr on $66,134 invested. Return on cash invested is 23.04% in year one, and rental yield stands at 9.57% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 120.87% and total cumulative return in cash reaches $79,939. For financing, Ziffy Mortgage’s DSCR program evaluates $1,591/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78956, Schulenburg, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,022 (100%) |
| Owner Occupied HU | 1,816 (60.1%) |
| Renter Occupied HU | 564 (18.7%) |
| Vacant Housing Units | 642 (21.2%) |
| Median Home Value | $277,222 |
| Average Home Value | $383,063 |
Residential
2,402
Single Family
2,343
Multi-Family
59
Businesses
293
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ruth Ann Streiff • Martha Turner Sotheby's International Realty - Round Top
Mls Name: HAR
Mls ID: #66628213
