2928 Split Rock CirBulverdeTX78163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bulverde at 2928 Split Rock Cir, Bulverde, TX, 78163 offers $5,242/mo rent that, after a $3,568/mo payment, leaves $25/mo cash flow. Total monthly income is $5,242/mo, and annual cash flow is $297/yr on $239,841 cash. Return on cash invested measures 20.18% in year one, and rental yield stands at 8.63% at a $729,000 entry. Equity gained on principal adds $4,704/yr while 5% annual appreciation compounds into $201,409 by year five. Five-year ROI records 105.56% and total cumulative return in cash reaches $253,164. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,242/mo property income versus a $3,568/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.50 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78163, Bulverde, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,024 (100%) |
| Owner Occupied HU | 8,289 (91.9%) |
| Renter Occupied HU | 327 ( 3.6%) |
| Vacant Housing Units | 408 ( 4.5%) |
| Median Home Value | $508,525 |
| Average Home Value | $557,774 |
Housing Distribution
Address Breakdown
Residential
7,884
Single Family
7,818
Multi-Family
66
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Hoessly • Home Team of America
Mls Name: SABOR
Mls Provider:
Mls ID: #1814927
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.