8645 Noble Lark DrBoerneTX78015
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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 8645 Noble Lark Dr, Boerne, TX, 78015 generates $4,417/mo in rent, after a $3,591/mo payment. Total monthly income is $4,417/mo. Return on cash invested sits at 16.08% in year one, and rental yield is 7.23% on a $733,600 entry. Equity gained on principal adds $4,734/yr, while 5% annual appreciation builds toward $202,680 over five years. Five-year ROI reaches 83.51% and total cumulative return in cash sums $201,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,417/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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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