119 Ringo CtBridgeportTX76426
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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
Investment property for sale in Bridgeport at 119 Ringo Ct, Bridgeport, TX, 76426 offers a 13.72% rental yield on a $104,000 purchase with $1,189/mo rent. Total monthly income registers $1,189/mo, and a $509/mo payment leaves $449/mo available for distribution. Annual cash flow reaches $5,394/yr on $34,476 to close, and return on cash invested stands at 35.55% in year one. Equity gained on principal adds $671/yr while 5% annual appreciation supports $28,733 over five years. Portfolio math shows five-year ROI at 188.03% and total cumulative return in cash at $64,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,189/mo property income against a $509/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: Suzanne Eldridge Gore • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #21143851