500 DRESDEN WOOD DRBoerneTX78006
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
Investment property for sale in Boerne at 500 DRESDEN WOOD DR, Boerne, TX, 78006 offers a 11.63% rental yield on a $640,000 purchase with $6,200/mo rent. Total monthly income registers $6,200/mo, and a $3,132/mo payment leaves $1,624/mo available for distribution. Annual cash flow reaches $19,492/yr on $210,560 to close, and return on cash invested stands at 29.32% in year one. Equity gained on principal adds $4,130/yr while 5% annual appreciation supports $176,820 over five years. Portfolio math shows five-year ROI at 154.55% and total cumulative return in cash at $325,410. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,200/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.45 Acres lot
$N/A/sqft
$300 annually 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: Douglas Curtis • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1745043
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.