12097 Kyle LnBlue 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
Rental property for sale in Blue Ridge at 12097 Kyle Ln, Blue Ridge, TX, 75424 offers $2,191/mo rent that, after a $6,603/mo payment. Total monthly income is $2,191/mo. Return on cash invested measures 0.05% in year one, and rental yield stands at 1.95% at a $1,349,000 entry. Equity gained on principal adds $8,705/yr while 5% annual appreciation compounds into $372,704 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,191/mo property income versus a $6,603/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
37.12 Acres 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: Michael Tunnell • Ebby Halliday, Realtors
Mls Name: NTREIS
Mls ID: #20933093
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.