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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 New Ulm at 315 Cedar St, New Ulm, TX, 78950 generates $2,506/mo in rent, after a $6,118/mo payment. Total monthly income is $2,506/mo. Return on cash invested sits at 1.46% in year one, and rental yield is 2.41% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 5.04% and total cumulative return in cash sums $20,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,506/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78950, New Ulm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 885 (60.2%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 477 (32.5%) |
| Median Home Value | $413,356 |
| Average Home Value | $574,579 |
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2025-03-22 | Listed for sale | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-22 | $2455.22 | 9.21% | $510,099 | 14.08% |
| 2023-03-22 | $2248.23 | 0.55% | $447,125 | 8.46% |
| 2022-03-22 | $2235.97 | 1.63% | $412,244 | 2.55% |
Listed by: Diana Power • Texas Power Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #79175382
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