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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 Schulenburg at 715 Paulus St, Schulenburg, TX, 78956 offers $3,472/mo rent that, after a $1,762/mo payment, leaves $912/mo cash flow. Total monthly income is $3,472/mo, and annual cash flow is $10,944/yr on $119,340 cash. Return on cash invested measures 29.08% in year one, and rental yield stands at 11.57% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 153.21% and total cumulative return in cash reaches $182,841. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,472/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78956, Schulenburg, TX area.
| 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 |
Residential
2,402
Single Family
2,343
Multi-Family
59
Businesses
293
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Price change | $360,000 |
| 2024-05-08 | Listed for sale | $367,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3140.14 | 47.36% | $214,740 | 74.29% |
| 2022-08-14 | $2130.92 | 38.58% | $123,210 | 46.82% |
| 2021-08-14 | $1537.66 | N/A | $83,920 | -14.65% |
Listed by: Gary Helmcamp • Tri-County Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #40682937
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
