100 Old Ridge LaneBoerneTX78006
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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 Boerne at 100 Old Ridge Lane, Boerne, TX, 78006 priced at $592,570 pairs $4,442/mo rent with $128/mo cash flow after a $2,900/mo payment. Total monthly income equals $4,442/mo, and annual cash flow comes to $1,542/yr on $194,956 invested. Return on cash invested is 20.85% in year one, and rental yield stands at 9% on a $592,570 basis. Equity gained on principal adds $3,824/yr, and 5% annual appreciation accumulates to $163,716 by year five. Five-year ROI measures 109.3% and total cumulative return in cash reaches $213,091. For financing, Ziffy Mortgage’s DSCR program evaluates $4,442/mo property income against a $2,900/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$300 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78006, Boerne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,615 (100%) |
| Owner Occupied HU | 14,264 (72.7%) |
| Renter Occupied HU | 3,658 (18.6%) |
| Vacant Housing Units | 1,693 ( 8.6%) |
| Median Home Value | $534,856 |
| Average Home Value | $663,428 |
Housing Distribution
Address Breakdown
Residential
18,722
Single Family
16,914
Multi-Family
1,808
Businesses
2,116
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Listed by: Clay Woodard • Move Up America
Mls Name: SABOR
Mls Provider:
Mls ID: #1769641
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.