496 Magnolia WindNew BraunfelsTX78130
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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 496 Magnolia Wind, New Braunfels, TX, 78130 uses $88,643 cash to close to unlock $2,079/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,309/mo payment keeps the spread at $173/mo. Purchase price stands at $267,400, and rental yield measures 9.42% with $2,100/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $73,878 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash records $103,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 2013
8,276 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,037 (100%) |
| Owner Occupied HU | 27,457 (59.6%) |
| Renter Occupied HU | 13,981 (30.4%) |
| Vacant Housing Units | 4,599 ( 10.0%) |
| Median Home Value | $346,647 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
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Listed by: Lyndsay Bradley • RE/MAX GO - NB
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #545019
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.