348 Ibis Falls DrNew BraunfelsTX78130
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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
Rental property for sale in New Braunfels at 348 Ibis Falls Dr, New Braunfels, TX, 78130 priced at $259,000 converts $2,153/mo rent into $311/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,153/mo, and annual cash flow totals $3,731/yr on $85,859 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 9.98% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 127.34% and total cumulative return in cash sums $109,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 2005
8,197 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,037 (100%) |
| Owner Occupied HU | 27,457 (59.6%) |
| Renter Occupied HU | 13,981 (30.4%) |
| Vacant Housing Units | 4,599 ( 10.0%) |
| Median Home Value | $346,647 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
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Listed by: Jennifer Kubenka • Keller Williams Heritage
Mls Name: Central Texas MLS
Mls ID: #600857