540 River Run UNIT 113New BraunfelsTX78132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in New Braunfels at 540 River Run UNIT 113, New Braunfels, TX, 78132 generates $2,381/mo in rent, after a $2,934/mo payment. Total monthly income is $2,381/mo. Return on cash invested sits at 6.27% in year one, and rental yield is 4.77% on a $599,500 entry. Equity gained on principal adds $3,868/yr, while 5% annual appreciation builds toward $165,631 over five years. Five-year ROI reaches 31.75% and total cumulative return in cash sums $62,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,381/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Gambrell • Epique Realty LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1824161
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.