723 Spectrum DrNew BraunfelsTX78130
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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 723 Spectrum Dr, New Braunfels, TX, 78130 listed at $249,900 pairs $1,829/mo rent with a $1,223/mo payment to leave $52/mo cash flow. Total monthly income runs $1,829/mo, and annual cash flow reaches $625/yr on $82,842 cash to close. Return on cash invested measures 20.66% in year one, and rental yield registers 8.78% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 108.15% and total cumulative return in cash totals $89,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,829/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
6,246 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,037 (100%) |
| Owner Occupied HU | 27,457 (59.6%) |
| Renter Occupied HU | 13,981 (30.4%) |
| Vacant Housing Units | 4,599 ( 10.0%) |
| Median Home Value | $346,647 |
| Average Home Value | $393,722 |
Housing Distribution
Address Breakdown
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
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Listed by: Ruchi Mithal • Ruchi Mithal, Broker
Mls Name: Central Texas MLS
Mls ID: #600573