3016 Pike DrNew BraunfelsTX78132
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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 New Braunfels at 3016 Pike Dr, New Braunfels, TX, 78132 uses $132,265 cash to close to unlock $17,823/yr annual cash flow and $1,485/mo monthly cash flow. Total monthly income runs $4,356/mo, and a $1,953/mo payment keeps the spread at $1,485/mo. Purchase price stands at $398,990, and rental yield measures 13.1% with $4,356/mo rent. Return on cash invested shows 33.38% in year one, and 5% annual appreciation builds toward $110,234 over five years. Five-year ROI reaches 176.44% and total cumulative return in cash records $233,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,356/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
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Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #535527
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.