705 Baumgarten StSchulenburgTX78956
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 Schulenburg at 705 Baumgarten St, Schulenburg, TX, 78956 offers $1,389/mo rent that, after a $901/mo payment, leaves $80/mo cash flow. Total monthly income is $1,389/mo, and annual cash flow is $962/yr on $60,996 cash. Return on cash invested measures 21.49% in year one, and rental yield stands at 9.06% at a $184,000 entry. Equity gained on principal adds $1,187/yr while 5% annual appreciation compounds into $50,836 by year five. Five-year ROI records 112.59% and total cumulative return in cash reaches $68,677. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,389/mo property income versus a $901/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chip Bubela • Bubela Real Estate
Mls Name: HAR
Mls ID: #34999061