5634 Briar KnlNew BraunfelsTX78132
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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
Rental property for sale in New Braunfels at 5634 Briar Knl, New Braunfels, TX, 78132 priced at $357,500 converts $3,829/mo rent into $1,261/mo cash flow after a $1,750/mo obligation. Total monthly income equals $3,829/mo, and annual cash flow totals $15,130/yr on $118,511 invested. Return on cash invested prints 32.68% in year one, and rental yield reads 12.85% against a $357,500 entry. Equity gained on principal adds $2,307/yr, while 5% annual appreciation compiles into $98,771 by year five. Five-year ROI reaches 172.61% and total cumulative return in cash sums $204,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,829/mo property income covering a $1,750/mo payment, not borrower’s personal income.
Single Family
Built in 2017
7,840 sqft lot
$N/A/sqft
$77 quarterly 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
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Listed by: Brian Dixon • JPAR - New Braunfels
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #550774
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.