29371 Cheyenne RdgBoerneTX78015
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 Boerne at 29371 Cheyenne Rdg, Boerne, TX, 78015 priced at $549,400 converts $3,251/mo rent into after a $2,689/mo obligation. Total monthly income equals $3,251/mo. Return on cash invested prints 15.71% in year one, and rental yield reads 7.1% against a $549,400 entry. Equity gained on principal adds $3,545/yr, while 5% annual appreciation compiles into $151,789 by year five. Five-year ROI reaches 81.51% and total cumulative return in cash sums $147,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,251/mo property income covering a $2,689/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78015, Boerne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,411 (100%) |
| Owner Occupied HU | 7,676 (81.6%) |
| Renter Occupied HU | 1,127 (12.0%) |
| Vacant Housing Units | 608 ( 6.5%) |
| Median Home Value | $490,707 |
| Average Home Value | $543,528 |
Housing Distribution
Address Breakdown
Residential
9,005
Single Family
8,642
Multi-Family
363
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices