6980 Doss Spring Creek RdFredericksburgTX78624
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 Fredericksburg at 6980 Doss Spring Creek Rd, Fredericksburg, TX, 78624 priced at $697,000 converts $1,662/mo rent into after a $3,411/mo obligation. Total monthly income equals $1,662/mo. Return on cash invested prints 2.82% in year one, and rental yield reads 2.86% against a $697,000 entry. Equity gained on principal adds $4,498/yr, while 5% annual appreciation compiles into $192,568 by year five. Five-year ROI reaches 12.39% and total cumulative return in cash sums $28,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,662/mo property income covering a $3,411/mo payment, not borrower’s personal income.
Single Family
Built in 2019
19.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
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Nearby investment properties with comparable prices
Listed by: Adam Hahn • Portfolio Real Estate - KW
Mls Name: CHCBOR
Mls Provider:
Mls ID: #97685
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.