510 Mueller St LOT 1FredericksburgTX78624
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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 510 Mueller St LOT 1, Fredericksburg, TX, 78624 earns $122/mo cash flow from $2,220/mo rent with a $1,394/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $1,459/yr on $94,411 capital. ROI tracks 21.45% on current figures, and rental yield reads 9.35% at a $284,800 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,685 over five years. Five-year ROI reaches 112.69% and total cumulative return in cash sums $106,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Condo
Built in 2014
1,742 sqft lot
$N/A/sqft
$877 annually 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: Mimi Bartel • Fore Premier Properties
Mls Name: CHCBOR
Mls Provider:
Mls ID: #96700
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.