409 Plum StFredericksburgTX78624
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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 Fredericksburg at 409 Plum St, Fredericksburg, TX, 78624 at $759,000 posts ROI 3.26% with from $1,902/mo rent. Total monthly income equals $1,902/mo. Return on cash invested measures 3.26% and rental yield reads 3.01% at the current $759,000. Equity gained on principal adds $4,898/yr, and 5% annual appreciation supports $209,698 by year five. Five-year ROI prints 14.77% and total cumulative return in cash totals $36,875. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,017 (100%) |
| Owner Occupied HU | 7,603 (58.4%) |
| Renter Occupied HU | 2,910 (22.4%) |
| Vacant Housing Units | 2,504 (19.2%) |
| Median Home Value | $493,755 |
| Average Home Value | $638,185 |
Housing Distribution
Address Breakdown
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
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Listed by: Katy Hahn • Portfolio Real Estate - KW
Mls Name: CHCBOR
Mls Provider:
Mls ID: #98005
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.