260 Chinaberry LnFredericksburgTX78624
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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
Investment property for sale in Fredericksburg at 260 Chinaberry Ln, Fredericksburg, TX, 78624 earns from $2,179/mo rent with a $3,421/mo payment. Total monthly income totals $2,179/mo. ROI tracks 5.49% on current figures, and rental yield reads 3.74% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 26.73% and total cumulative return in cash sums $61,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,179/mo property income instead of your personal income.
Multi Family
Built in 1983
9.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
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Listed by: Liza Smith • eXp Realty-Absolute Charm Real Estate Group
Mls Name: CHCBOR
Mls ID: #97783