2833 REDTIP DRSchertzTX78108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Schertz at 2833 REDTIP DR, Schertz, TX, 78108 offers $2,443/mo rent that, after a $1,772/mo payment. Total monthly income is $2,443/mo. Return on cash invested measures 17.6% in year one, and rental yield stands at 8.1% at a $362,000 entry. Equity gained on principal adds $2,336/yr while 5% annual appreciation compounds into $100,014 by year five. Five-year ROI records 92.07% and total cumulative return in cash reaches $110,485. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,443/mo property income versus a $1,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
7,884 sqft lot
$N/A/sqft
$395 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78108, Cibolo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
16,330
Multi-Family
526
Businesses
533
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Listed by: Elizabeth Libbe-Schriewer • Simmonds Real Estate Inc.
Mls Name: SABOR
Mls Provider:
Mls ID: #1841167
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.