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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 410 Pinehurst Dr, New Ulm, TX, 78950 priced at $398,000 converts $3,498/mo rent into $664/mo cash flow after a $1,948/mo obligation. Total monthly income equals $3,498/mo, and annual cash flow totals $7,963/yr on $131,937 invested. Return on cash invested prints 25.94% in year one, and rental yield reads 10.55% against a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation compiles into $109,960 by year five. Five-year ROI reaches 136.43% and total cumulative return in cash sums $180,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,498/mo property income covering a $1,948/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
$50 annually 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 |
|---|---|---|
| 2024-08-03 | Price change | $398,000 |
| 2024-04-18 | Price change | $399,000 |
| 2024-02-22 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1366.06 | -60.64% | $230,054 | 10.00% |
| 2022-08-14 | $3470.59 | -3.98% | $209,140 | N/A |
| 2021-08-14 | $3614.32 | N/A | $209,140 | 3.68% |
Listed by: Elizabeth Hajovsky • Leyco Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #6543787
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