857 Lorikeet LnNew BraunfelsTX78132
Nearby investment properties with comparable rents
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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
Rental property for sale in New Braunfels at 857 Lorikeet Ln, New Braunfels, TX, 78132 offers $2,833/mo rent that, after a $3,544/mo payment. Total monthly income is $2,833/mo. Return on cash invested measures 7.89% in year one, and rental yield stands at 4.7% at a $724,000 entry. Equity gained on principal adds $4,672/yr while 5% annual appreciation compounds into $200,028 by year five. Five-year ROI records 39.77% and total cumulative return in cash reaches $94,731. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,833/mo property income versus a $3,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
9,104 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
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Listed by: Martha Rutherford • Preston Granger
Mls Name: SABOR
Mls Provider:
Mls ID: #1883206
Disclaimer: IDX information is provided exclusively for 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.