118 Oak Ridge DrCenter PointTX78010
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 Center Point at 118 Oak Ridge Dr, Center Point, TX, 78010 listed at $398,000 pairs $3,575/mo rent with a $1,948/mo payment to leave $745/mo cash flow. Total monthly income runs $3,575/mo, and annual cash flow reaches $8,937/yr on $131,937 cash to close. Return on cash invested measures 26.68% in year one, and rental yield registers 10.78% at a $398,000 basis. Equity gained on principal adds $2,568/yr, and annual property appreciation at 5% supports $109,960 by year five. Five-year ROI tracks 140.38% and total cumulative return in cash totals $185,208. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,575/mo property income relative to a $1,948/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittney Koch • eXp Realty LLC / Tinsley Realty Group
Mls Name: KVMLS
Mls ID: #117765
Disclaimer: Copyright Kerrville Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.