Plan Picasso Plan, Meyer RanchNew BraunfelsTX78132
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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 Plan Picasso Plan, Meyer Ranch, New Braunfels, TX, 78132 offers $3,907/mo rent that, after a $2,026/mo payment, leaves $963/mo cash flow. Total monthly income is $3,907/mo, and annual cash flow is $11,560/yr on $137,238 cash. Return on cash invested measures 28.33% in year one, and rental yield stands at 11.32% at a $413,990 entry. Equity gained on principal adds $2,671/yr while 5% annual appreciation compounds into $114,378 by year five. Five-year ROI records 149.24% and total cumulative return in cash reaches $204,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,907/mo property income versus a $2,026/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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: Sue Young • Highland Homes
Mls Name: Highland Homes
Mls Provider:
Mls ID: #N/A