355 Borchers BlvdNew BraunfelsTX78132
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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 355 Borchers Blvd, New Braunfels, TX, 78132 generates $2,608/mo in rent, after a $2,567/mo payment. Total monthly income is $2,608/mo. Return on cash invested sits at 11.73% in year one, and rental yield is 5.97% on a $524,500 entry. Equity gained on principal adds $3,385/yr, while 5% annual appreciation builds toward $144,910 over five years. Five-year ROI reaches 60.35% and total cumulative return in cash sums $104,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,608/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
$165 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
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Nearby investment properties with comparable prices
Listed by: Teresa Neil-Johnson • Epique Realty LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #552655
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for 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. Copyright 2024 Central Texas MLS, All Rights Reserved.