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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 Fredericksburg at 603 Fulton St, Fredericksburg, TX, 78624 priced at $749,000 converts $2,348/mo rent into after a $3,666/mo obligation. Total monthly income equals $2,348/mo. Return on cash invested prints 5.56% in year one, and rental yield reads 3.76% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 27.06% and total cumulative return in cash sums $66,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,348/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
| 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 |
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christopher Acton • Phyllis Browning Company (FBG)
Mls Name: CHCBOR
Mls ID: #98458
