








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 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 shown for ZIP Code: 78163, Bulverde, TX area.
| 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 |
Residential
7,884
Single Family
7,818
Multi-Family
66
Businesses
372
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Price change | $729,000 |
| 2024-12-30 | Price change | $769,000 |
| 2024-10-09 | Listed for sale | $799,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $653,472 | 10.00% |
| 2023-02-13 | $6113.45 | -9.71% | $594,065 | 10.00% |
| 2022-02-13 | $6771.27 | -2.91% | $540,059 | 10.00% |



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.