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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 Schertz at 513 MITCHELL AVE, Schertz, TX, 78154 offers $2,218/mo rent that, after a $974/mo payment, leaves $785/mo cash flow. Total monthly income is $2,218/mo, and annual cash flow is $9,418/yr on $65,969 cash. Return on cash invested measures 34.19% in year one, and rental yield stands at 13.37% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 180.73% and total cumulative return in cash reaches $119,226. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78154, Schertz, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,748 (69.7%) |
| Renter Occupied HU | 4,430 (26.3%) |
| Vacant Housing Units | 676 ( 4.0%) |
| Median Home Value | $337,195 |
| Average Home Value | $362,054 |
Residential
16,857
Single Family
14,951
Multi-Family
1,906
Businesses
1,410
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Listed for sale | $199,000 |
| 2022-11-18 | Sold | N/A |
| 2022-10-29 | Pending sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3520.89 | 398.92% | $180,605 | 62.68% |
| 2022-08-30 | $705.70 | N/A | $111,018 | 10.00% |
| 2021-08-30 | $705.70 | N/A | $100,925 | 0.15% |
Listed by: Jim Seifert • Redfin Corporation
Mls Name: SABOR
Mls Provider:
Mls ID: #1801735
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.
