598 Meade StreetNew 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
Investment property for sale in New Braunfels at 598 Meade Street, New Braunfels, TX, 78132 earns $660/mo cash flow from $4,548/mo rent with a $2,638/mo payment. Total monthly income totals $4,548/mo, and annual cash flow totals $7,925/yr on $177,298 capital. ROI tracks 24.53% on current figures, and rental yield reads 10.13% at a $538,900 purchase. Equity gained on principal adds $3,477/yr, and 5% annual appreciation supports $148,888 over five years. Five-year ROI reaches 128.95% and total cumulative return in cash sums $228,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,548/mo property income instead of your personal income.
Single Family
Built in 2024
6,499 sqft lot
$N/A/sqft
$660 annually 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: Lee Jones • Perry Homes Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1786019
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.