297 Katie CourtBoerneTX78006
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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 Boerne at 297 Katie Court, Boerne, TX, 78006 offers $2,153/mo rent that, after a $1,322/mo payment, leaves $149/mo cash flow. Total monthly income is $2,153/mo, and annual cash flow is $1,790/yr on $89,505 cash. Return on cash invested measures 21.91% in year one, and rental yield stands at 9.57% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 115.22% and total cumulative return in cash reaches $103,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,153/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,662 sqft lot
$N/A/sqft
$250 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78006, Boerne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,615 (100%) |
| Owner Occupied HU | 14,264 (72.7%) |
| Renter Occupied HU | 3,658 (18.6%) |
| Vacant Housing Units | 1,693 ( 8.6%) |
| Median Home Value | $534,856 |
| Average Home Value | $663,428 |
Housing Distribution
Address Breakdown
Residential
18,722
Single Family
16,914
Multi-Family
1,808
Businesses
2,116
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Listed by: Dainelle Scott • Keller Williams Boerne
Mls Name: SABOR
Mls Provider:
Mls ID: #1809957
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.