328 W Morse 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 328 W Morse St, Fredericksburg, TX, 78624 earns from $3,120/mo rent with a $4,155/mo payment. Total monthly income totals $3,120/mo. ROI tracks 7.53% on current figures, and rental yield reads 4.41% at a $849,000 purchase. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 over five years. Five-year ROI reaches 37.65% and total cumulative return in cash sums $105,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Single Family
Built in 1945
10,193 sqft 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: Ryan Rendon • Fore Premier Properties
Mls Name: LERA MLS
Mls ID: #1930567