121 S Plant Ave APT 102BoerneTX78006
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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 121 S Plant Ave APT 102, Boerne, TX, 78006 generates $2,543/mo in rent and, after a $1,400/mo payment, leaves $352/mo in cash flow. Total monthly income is $2,543/mo, and annual cash flow is $4,224/yr on $94,809 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 10.67% on a $286,000 entry. Equity gained on principal adds $1,846/yr, while 5% annual appreciation builds toward $79,017 over five years. Five-year ROI reaches 128.71% and total cumulative return in cash sums $122,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,543/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$157 monthly 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: Cynthia McGee • Magnolia Realty
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1922743
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.