608 Saddlehorn WayCiboloTX78108
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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 Cibolo at 608 Saddlehorn Way, Cibolo, TX, 78108 offers $2,557/mo rent that, after a $1,637/mo payment, leaves $179/mo cash flow. Total monthly income is $2,557/mo, and annual cash flow is $2,142/yr on $110,887 cash. Return on cash invested measures 21.84% in year one, and rental yield stands at 9.17% at a $334,500 entry. Equity gained on principal adds $2,158/yr while 5% annual appreciation compounds into $92,416 by year five. Five-year ROI records 114.42% and total cumulative return in cash reaches $126,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,557/mo property income versus a $1,637/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78108, Cibolo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 13,921 (79.0%) |
| Renter Occupied HU | 2,827 (16.1%) |
| Vacant Housing Units | 864 ( 4.9%) |
| Median Home Value | $350,025 |
| Average Home Value | $376,748 |
Housing Distribution
Address Breakdown
Residential
16,856
Single Family
16,330
Multi-Family
526
Businesses
533
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