106 Ridgewood DrEulessTX76039
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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 Euless at 106 Ridgewood Dr, Euless, TX, 76039 generates $4,126/mo in rent, after a $3,519/mo payment. Total monthly income is $4,126/mo. Return on cash invested sits at 14.82% in year one, and rental yield is 6.89% on a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 76.84% and total cumulative return in cash sums $181,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,126/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
7,927 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
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Listed by: Rahim Hashmani • Lifetime Realty
Mls Name: NTREIS
Mls ID: #20776478
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.