








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 Fredericksburg at 229 Ranch Rd #1, Fredericksburg, TX, 78624 priced at $770,000 pairs $2,520/mo rent with after a $3,769/mo payment. Total monthly income equals $2,520/mo. Return on cash invested is 6.06% in year one, and rental yield stands at 3.93% on a $770,000 basis. Equity gained on principal adds $4,969/yr, and 5% annual appreciation accumulates to $212,737 by year five. Five-year ROI measures 29.77% and total cumulative return in cash reaches $75,405. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $3,769/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,017 (100%) |
| Owner Occupied HU | 7,603 (58.4%) |
| Renter Occupied HU | 2,910 (22.4%) |
| Vacant Housing Units | 2,504 (19.2%) |
| Median Home Value | $493,755 |
| Average Home Value | $638,185 |
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $770,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Catherine Jeffrey • eXp Realty-Absolute Charm Real Estate Group
Mls Name: CHCBOR
Mls Provider:
Mls ID: #96593
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.