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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 397 Coveney Trl, Boerne, TX, 78006 offers $7,732/mo rent that, after a $4,821/mo payment, leaves $380/mo cash flow. Total monthly income is $7,732/mo, and annual cash flow is $4,560/yr on $324,065 cash. Return on cash invested measures 21.47% in year one, and rental yield stands at 9.42% at a $985,000 entry. Equity gained on principal adds $6,356/yr while 5% annual appreciation compounds into $272,137 by year five. Five-year ROI records 112.85% and total cumulative return in cash reaches $365,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,732/mo property income versus a $4,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
4.34 Acres lot
$N/A/sqft
$970 annually HOA
Neighborhood data shown for ZIP Code: 78006, Boerne, TX area.
| 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 |
Residential
18,722
Single Family
16,914
Multi-Family
1,808
Businesses
2,116
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $985,000 |
| 2021-06-02 | Sold | N/A |
| 2021-04-23 | Pending sale | $799,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $19552.86 | 45.95% | $1,415,950 | 66.07% |
| 2022-08-30 | $13397.37 | N/A | $852,630 | 39.30% |
| 2021-08-30 | N/A | N/A | $612,062 | 10.00% |
What's Special
Pull Down Storage
Listed by: Dainelle Scott • Keller Williams Boerne
Mls Name: SABOR
Mls Provider:
Mls ID: #1804710
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.
