3059 Pike DriveNew 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 3059 Pike Drive, New Braunfels, TX, 78132 offers a 6.3% rental yield on a $411,020 purchase with $2,157/mo rent. 16% in year one. Equity gained on principal adds $2,652/yr while 5% annual appreciation supports $113,557 over five years. Portfolio math shows five-year ROI at 67.86% and total cumulative return in cash at $92,468. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,157/mo property income against a $2,012/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No 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: SABOR
Mls ID: #1889933