2187 Oak Run ParkwayNew BraunfelsTX78132
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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 2187 Oak Run Parkway, New Braunfels, TX, 78132 priced at $485,180 converts $4,076/mo rent into $571/mo cash flow after a $2,375/mo obligation. Total monthly income equals $4,076/mo, and annual cash flow totals $6,846/yr on $160,837 invested. Return on cash invested prints 24.17% in year one, and rental yield reads 10.08% against a $485,180 entry. Equity gained on principal adds $3,131/yr, while 5% annual appreciation compiles into $134,046 by year five. Five-year ROI reaches 127.03% and total cumulative return in cash sums $204,311. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,076/mo property income covering a $2,375/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$165 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
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Listed by: Clay Woodard • Move Up America
Mls Name: SABOR
Mls Provider:
Mls ID: #1839548
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.