1030 Ruidoso Downs DrTerrellTX75160
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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 Terrell at 1030 Ruidoso Downs Dr, Terrell, TX, 75160 generates $3,486/mo in rent and, after a $2,006/mo payment, leaves $336/mo in cash flow. Total monthly income is $3,486/mo, and annual cash flow is $4,032/yr on $135,882 invested. Return on cash invested sits at 22.88% in year one, and rental yield is 10.21% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 120.74% and total cumulative return in cash sums $164,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,486/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1.04 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
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Listed by: Grace Braswell • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20827460
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.