6176 Iris RunNew 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 6176 Iris Run, New Braunfels, TX, 78132 uses $95,469 cash to close to unlock $2,683/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $2,272/mo, and a $1,410/mo payment keeps the spread at $224/mo. Purchase price stands at $287,990, and rental yield measures 9.47% with $2,272/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $79,566 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash records $113,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,272/mo property income covering a $1,410/mo payment rather than investor’s personal income.
Single Family
Built in 2015
8,276 sqft lot
$N/A/sqft
No 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: Alejandra Aguirre-Vazquez • Real Broker, LLC
Mls Name: LERA MLS
Mls ID: #1908881