729 Ridgecliff DrNew BraunfelsTX78130
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
Investment property for sale in New Braunfels at 729 Ridgecliff Dr, New Braunfels, TX, 78130 at $149,900 posts ROI 51.83% with $1,322/mo cash flow from $2,388/mo rent. Total monthly income equals $2,388/mo, and annual cash flow records $15,861/yr on $49,692 to close. Return on cash invested measures 51.83% and rental yield reads 19.12% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 275.25% and total cumulative return in cash totals $136,775.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,388/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2005
0.60 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Engbrock • Keller Williams Realty
Mls Name: HAR
Mls Provider:
Mls ID: #96830365
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.