506 Ogrady StBoerneTX78006
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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 506 Ogrady St, Boerne, TX, 78006 priced at $385,000 converts $2,153/mo rent into after a $1,884/mo obligation. Total monthly income equals $2,153/mo. Return on cash invested prints 13.24% in year one, and rental yield reads 6.71% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 68.71% and total cumulative return in cash sums $87,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
3,005 sqft lot
$N/A/sqft
$375 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: Tracy Schroder • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20653597
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.