38B Walnut Grove RdBoerneTX78006
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 38B Walnut Grove Rd, Boerne, TX, 78006 priced at $425,000 converts $4,692/mo rent into $1,670/mo cash flow after a $2,080/mo obligation. Total monthly income equals $4,692/mo, and annual cash flow totals $20,039/yr on $140,888 invested. Return on cash invested prints 34.13% in year one, and rental yield reads 13.25% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 180.31% and total cumulative return in cash sums $254,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,692/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1976
6.37 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bizzy Darling • Coldwell Banker D'Ann Harper
Mls Name: SABOR
Mls Provider:
Mls ID: #1773960
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.