2149 Hofstaat Dr #56New 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
Rental property for sale in New Braunfels at 2149 Hofstaat Dr #56, New Braunfels, TX, 78130 generates $1,783/mo in rent, after a $1,561/mo payment. Total monthly income is $1,783/mo. Return on cash invested sits at 12.59% in year one, and rental yield is 6.71% on a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,106 over five years. Five-year ROI reaches 65.49% and total cumulative return in cash sums $69,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.
Condo
Built in 2024
4.36 sqft lot
$N/A/sqft
$160 monthly 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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Listed by: Patrick Easter • Easter and Easter, REALTORS
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1447136
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-14 08:12:28 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)