260 Glenvalley CircleBanderaTX78003
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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 Bandera at 260 Glenvalley Circle, Bandera, TX, 78003 priced at $459,000 converts $1,920/mo rent into after a $2,247/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 8.85% in year one, and rental yield reads 5.02% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 44.91% and total cumulative return in cash sums $68,339. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$175 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
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Listed by: Jaclyn Galbraith • Coldwell Banker D'Ann Harper, REALTOR
Mls Name: SABOR
Mls Provider:
Mls ID: #1825296
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.