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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 353 Taylor St, New Ulm, TX, 78950 offers $2,350/mo rent that, after a $2,393/mo payment. Total monthly income is $2,350/mo. Return on cash invested measures 11.57% in year one, and rental yield stands at 5.77% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 59.33% and total cumulative return in cash reaches $96,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,350/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.32 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 |
|---|---|---|
| 2024-12-12 | Listed for sale | $489,000 |
| 2024-09-06 | Listing removed | $379,500 |
| 2024-09-06 | Price change | $379,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $270.66 | -54.62% | $52,352 | -54.35% |
| 2023-12-27 | $596.37 | N/A | $114,686 | 35.40% |
| 2022-12-27 | N/A | N/A | $84,700 | -34.45% |
Listed by: Lilla Blackburn • Round Top Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #92380874
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
