








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Boerne at 118 CORDOVA, Boerne, TX, 78006 priced at $510,000 pairs $3,162/mo rent with after a $2,496/mo payment. Total monthly income equals $3,162/mo. Return on cash invested is 16.23% in year one, and rental yield stands at 7.44% on a $510,000 basis. Equity gained on principal adds $3,291/yr, and 5% annual appreciation accumulates to $140,904 by year five. Five-year ROI measures 84.49% and total cumulative return in cash reaches $141,771. For financing, Ziffy Mortgage’s DSCR program evaluates $3,162/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
8,799 sqft lot
$N/A/sqft
$213 quarterly HOA
Neighborhood data shown for ZIP Code: 78006, Boerne, TX area.
| 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 |
Residential
18,722
Single Family
16,914
Multi-Family
1,808
Businesses
2,116
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Listed for sale | $510,000 |
| 2024-11-21 | Price change | $2,600 |
| 2024-11-14 | Price change | $2,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $6844.75 | N/A | $496,500 | -7.31% |
| 2023-12-27 | N/A | N/A | $535,670 | 20.88% |
| 2022-12-27 | $6963.38 | N/A | $443,160 | 396.54% |



Listed by: Dawn Richards • Keller Williams City-View
Mls Name: SABOR
Mls Provider:
Mls ID: #1826084
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.