388 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
Rental property for sale in New Braunfels at 388 Butternut Way, New Braunfels, TX, 78132 priced at $1,107,000 converts $4,004/mo rent into after a $5,418/mo obligation. Total monthly income equals $4,004/mo. Return on cash invested prints 7.21% in year one, and rental yield reads 4.34% against a $1,107,000 entry. Equity gained on principal adds $7,143/yr, while 5% annual appreciation compiles into $305,844 by year five. Five-year ROI reaches 35.95% and total cumulative return in cash sums $128,925. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,004/mo property income covering a $5,418/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.01 Acres lot
$N/A/sqft
$800 annually 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: Viki Wernert • Vintage Oaks Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1841001
Disclaimer: 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.