629 OAK PARK DR UNIT 629BoerneTX78006
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 629 OAK PARK DR UNIT 629, Boerne, TX, 78006 earns $1,374/mo cash flow from $2,940/mo rent with a $978/mo payment. Total monthly income totals $2,940/mo, and annual cash flow totals $16,487/yr on $66,259 capital. ROI tracks 44.79% on current figures, and rental yield reads 17.65% at a $199,875 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,222 over five years. Five-year ROI reaches 238.44% and total cumulative return in cash sums $157,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,940/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$145 monthly 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: Kristian Forks • Kuper Sotheby's Int'l Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1723380
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.