22314 Thistle LnNew UlmTX78950
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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 Ulm at 22314 Thistle Ln, New Ulm, TX, 78950 priced at $400,000 converts $1,778/mo rent into after a $1,958/mo obligation. Total monthly income equals $1,778/mo. Return on cash invested prints 10.26% in year one, and rental yield reads 5.33% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 52.3% and total cumulative return in cash sums $69,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,778/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1972
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78950, New Ulm, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 885 (60.2%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 477 (32.5%) |
| Median Home Value | $413,356 |
| Average Home Value | $574,579 |
Housing Distribution
Address Breakdown
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
55
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Listed by: Matt Mazac • Medve Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #51294494
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