368 Butternut WayNew 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
Investment property for sale in New Braunfels at 368 Butternut Way, New Braunfels, TX, 78132 with 5% annual appreciation on a $1,425,000 basis while $2,608/mo rent supports operations. 81% in year one. Equity gained on principal adds $9,195/yr, and five-year appreciation sums $393,701 alongside rental yield of 2.2%. Five-year ROI measures 1.57% and total cumulative return in cash totals $7,244. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,608/mo property income versus a $6,975/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
2.22 Acres lot
$N/A/sqft
No 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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Listed by: Shelby Renfeld • Keller Williams Heritage
Mls Name: Central Texas MLS
Mls ID: #602761