29723 Elkhorn RdgBoerneTX78015
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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 29723 Elkhorn Rdg, Boerne, TX, 78015 offers $3,180/mo rent that, after a $2,732/mo payment. Total monthly income is $3,180/mo. Return on cash invested measures 14.55% in year one, and rental yield stands at 6.84% at a $558,200 entry. Equity gained on principal adds $3,602/yr while 5% annual appreciation compounds into $154,220 by year five. Five-year ROI records 75.41% and total cumulative return in cash reaches $138,496. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,180/mo property income versus a $2,732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,734 sqft lot
$N/A/sqft
$54 monthly 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
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