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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% |
Rental property for sale in Schulenburg at 306 Matula Ave, Schulenburg, TX, 78956 generates $2,762/mo in rent, after a $2,447/mo payment. Total monthly income is $2,762/mo. Return on cash invested sits at 14.17% in year one, and rental yield is 6.63% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 73.25% and total cumulative return in cash sums $121,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,762/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78956, Schulenburg, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,022 (100%) |
| Owner Occupied HU | 1,816 (60.1%) |
| Renter Occupied HU | 564 (18.7%) |
| Vacant Housing Units | 642 (21.2%) |
| Median Home Value | $277,222 |
| Average Home Value | $383,063 |
Residential
2,402
Single Family
2,343
Multi-Family
59
Businesses
293
Date | Event | Price |
|---|---|---|
| 2024-11-25 | Price change | $499,900 |
| 2024-11-08 | Price change | $524,900 |
| 2024-07-19 | Price change | $549,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $375,619 | 8.83% |
| 2023-12-27 | $4194.12 | -17.08% | $345,135 | 8.73% |
| 2022-12-27 | $5058.31 | -0.13% | $317,423 | 8.62% |
Listed by: Chip Bubela • Bubela Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #43309454
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