7636 LORCABoerneTX78015
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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 7636 LORCA, Boerne, TX, 78015 priced at $429,500 converts $2,906/mo rent into after a $2,102/mo obligation. Total monthly income equals $2,906/mo. Return on cash invested prints 18.31% in year one, and rental yield reads 8.12% against a $429,500 entry. Equity gained on principal adds $2,772/yr, while 5% annual appreciation compiles into $118,663 by year five. Five-year ROI reaches 95.63% and total cumulative return in cash sums $136,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,906/mo property income covering a $2,102/mo payment, not borrower’s personal income.
Single Family
Built in 2018
6,011 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78015, Boerne, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,005
Single Family
8,642
Multi-Family
363
Businesses
91
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Listed by: Matthew Johnson • Premier Realty Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1815248
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.