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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 Fair Oaks Ranch at 68 Brook Ridge, Fair Oaks Ranch, TX, 78015 offers $4,181/mo rent that, after a $5,820/mo payment. Total monthly income is $4,181/mo. Return on cash invested measures 7.05% in year one, and rental yield stands at 4.22% at a $1,189,000 entry. Equity gained on principal adds $7,672/yr while 5% annual appreciation compounds into $328,499 by year five. Five-year ROI records 35.06% and total cumulative return in cash reaches $135,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,181/mo property income versus a $5,820/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78015, Boerne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,411 (100%) |
| Owner Occupied HU | 7,676 (81.6%) |
| Renter Occupied HU | 1,127 (12.0%) |
| Vacant Housing Units | 608 ( 6.5%) |
| Median Home Value | $490,707 |
| Average Home Value | $543,528 |
Residential
9,005
Single Family
8,642
Multi-Family
363
Businesses
91
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Halvin Gahm • Keller Williams Boerne
Mls Name: LERA MLS
Mls ID: #1907084
