11664 County Road 670Blue RidgeTX75424
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 Blue Ridge at 11664 County Road 670, Blue Ridge, TX, 75424 uses $51,383 cash to close to unlock $1,157/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,199/mo, and a $759/mo payment keeps the spread at $96/mo. Purchase price stands at $155,000, and rental yield measures 9.28% with $1,199/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 116.17% and total cumulative return in cash records $59,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,199/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75424, Blue Ridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,311 (80.4%) |
| Renter Occupied HU | 243 (14.9%) |
| Vacant Housing Units | 76 ( 4.7%) |
| Median Home Value | $512,366 |
| Average Home Value | $518,837 |
Housing Distribution
Address Breakdown
Residential
1,662
Single Family
1,662
Multi-Family
0
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Faulkner • Texas Mobile Home Brokers
Mls Name: NY State MLS
Mls ID: #11484343