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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% |
Investment property for sale in New Braunfels at 2562 OTTER WAY, New Braunfels, TX, 78132 with 5% annual appreciation on a $748,500 basis while $2,286/mo rent supports operations. 87% in year one. Equity gained on principal adds $4,830/yr, and five-year appreciation sums $206,797 alongside rental yield of 3.66%. Five-year ROI measures 23.52% and total cumulative return in cash totals $57,927. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,286/mo property income versus a $3,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
1.03 Acres lot
$N/A/sqft
$960 annually HOA
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
| 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 |
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Price change | $748,500 |
| 2024-10-13 | Listed for sale | $749,000 |
| 2024-10-03 | Contingent | $749,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $568,700 | 10.00% |
| 2023-12-27 | N/A | N/A | $517,000 | 10.00% |
| 2022-12-27 | N/A | N/A | $470,000 | N/A |
Listed by: Shelby Renfeld • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1812842
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.
