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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Boerne at 29462 Summit Ridge Drive, Boerne, TX, 78015 generates $2,527/mo in rent, after a $2,570/mo payment. Total monthly income is $2,527/mo. Return on cash invested sits at 11.68% in year one, and rental yield is 5.78% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 59.9% and total cumulative return in cash sums $103,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,527/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78015, Boerne, TX area.
| 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 |
Residential
9,005
Single Family
8,642
Multi-Family
363
Businesses
91
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robin Saunders • San Antonio Portfolio KW RE
Mls Name: SABOR
Mls ID: #1884349
