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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 Schertz at 2640 Cloverbrook Ln, Schertz, TX, 78108 with 5% annual appreciation on a $369,000 basis while $2,818/mo rent supports operations. Total monthly income totals $2,818/mo and a $1,806/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,937/yr on $122,324 deployed, and return on cash invested reaches 21.49% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 9.16%. Five-year ROI measures 112.68% and total cumulative return in cash totals $137,835.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,818/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
7,187 sqft lot
$N/A/sqft
$98 quarterly HOA
Neighborhood data shown for ZIP Code: 78108, Cibolo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 13,921 (79.0%) |
| Renter Occupied HU | 2,827 (16.1%) |
| Vacant Housing Units | 864 ( 4.9%) |
| Median Home Value | $350,025 |
| Average Home Value | $376,748 |
Residential
16,856
Single Family
16,330
Multi-Family
526
Businesses
533
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $369,000 |
| 2024-09-26 | Contingent | $369,000 |
| 2024-09-24 | Listed for sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $371,746 | 10.00% |
| 2023-10-23 | $4895.11 | -15.27% | $337,951 | 10.00% |
| 2022-10-23 | $5777.32 | 0.85% | $307,228 | 10.00% |
What's Special
Pull Down Storage,Partially Floored,Pull Down Stairs
Listed by: Patty Hamner • Kolt Properties, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1790377
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.
