1204 Riverside Rd, Roanoke, TX, 76262 | $100/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1204 Riverside Rd, Roanoke, TX, 76262 | $100/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Roanoke at 1204 Riverside Rd, Roanoke, TX, 76262 offers a 8.85% rental yield on a $375,000 purchase with $2,766/mo rent. Total monthly income registers $2,766/mo, and a $1,835/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,197/yr on $124,313 to close, and return on cash invested stands at 20.87% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 109.22% and total cumulative return in cash at $135,771. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,766/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

7,187 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bedroom Home in Prime Roanoke Location! Pride of ownership shines throughout this beautifully maintained 3-bedroom, 2-bathroom home, nestled on a spacious and serene lot. Step inside to discover a bright, inviting interior designed for comfort and easy living. Outside, the beautifully landscaped backyard offers a peaceful, private retreat, perfect for enjoying your morning coffee or relaxing evenings surrounded by vibrant colors and nature. Ideally situated just minutes from the iconic Oak Street in Roanoke, Roanoke Skate Park, Cannon Parkway Park, Hawaiian Falls Waterpark, and more, this location offers convenience and fun for everyone. Zoned to the highly acclaimed Northwest ISD, this home truly has it all. Location, lifestyle, and timeless charm. Roof was replaced in 2025! Open House Sunday, September 7th from 2-4!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,094 (100%)
Owner Occupied HU	11,796 (65.2%)
Renter Occupied HU	5,240 (29.0%)
Vacant Housing Units	1,058 ( 5.8%)
Median Home Value	$607,697
Average Home Value	$702,771