1020 Walnut Ridge DrHutchinsTX75141
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 Hutchins at 1020 Walnut Ridge Dr, Hutchins, TX, 75141 listed at $270,000 pairs $2,620/mo rent with a $1,322/mo payment to leave $700/mo cash flow. Total monthly income runs $2,620/mo, and annual cash flow reaches $8,394/yr on $89,505 cash to close. Return on cash invested measures 29.29% in year one, and rental yield registers 11.64% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 154.38% and total cumulative return in cash totals $138,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,620/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75141, Hutchins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,142 (61.3%) |
| Renter Occupied HU | 649 (34.9%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $112,871 |
| Average Home Value | $195,557 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,570
Multi-Family
334
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices