701 Herder AveSchulenburgTX78956
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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 Schulenburg at 701 Herder Ave, Schulenburg, TX, 78956 with 5% annual appreciation on a $390,422 basis while $2,588/mo rent supports operations. 16% in year one. Equity gained on principal adds $2,519/yr, and five-year appreciation sums $107,866 alongside rental yield of 7.95%. Five-year ROI measures 94.69% and total cumulative return in cash totals $122,553. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,588/mo property income versus a $1,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78956, Schulenburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,022 (100%) |
| Owner Occupied HU | 1,816 (60.1%) |
| Renter Occupied HU | 564 (18.7%) |
| Vacant Housing Units | 642 (21.2%) |
| Median Home Value | $277,222 |
| Average Home Value | $383,063 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,343
Multi-Family
59
Businesses
293
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Listed by: Chip Bubela • Bubela Real Estate
Mls Name: HAR
Mls ID: #54138164