309 W College StFredericksburgTX78624
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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 Fredericksburg at 309 W College St, Fredericksburg, TX, 78624 offers a 5.16% rental yield on a $493,000 purchase with $2,118/mo rent. 72% in year one. Equity gained on principal adds $3,181/yr while 5% annual appreciation supports $136,207 over five years. Portfolio math shows five-year ROI at 49.42% and total cumulative return in cash at $80,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $2,413/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,017 (100%) |
| Owner Occupied HU | 7,603 (58.4%) |
| Renter Occupied HU | 2,910 (22.4%) |
| Vacant Housing Units | 2,504 (19.2%) |
| Median Home Value | $493,755 |
| Average Home Value | $638,185 |
Housing Distribution
Address Breakdown
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
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Listed by: Clay Sears • Real Estate Advisory Team, LLC
Mls Name: CHCBOR
Mls ID: #99319