1225 Blue Ridge DrLexingtonTX78947
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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 Lexington at 1225 Blue Ridge Dr, Lexington, TX, 78947 listed at $965,000 pairs $1,620/mo rent with a $4,723/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 0.25% in year one, and rental yield registers 2.01% at a $965,000 basis. Equity gained on principal adds $6,227/yr, and annual property appreciation at 5% supports $266,612 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $4,723/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
30.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78947, Lexington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 320 (13.5%) |
| Vacant Housing Units | 330 (13.9%) |
| Median Home Value | $321,442 |
| Average Home Value | $408,247 |
Housing Distribution
Address Breakdown
Residential
1,818
Single Family
1,794
Multi-Family
24
Businesses
141
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Listed by: Keith Bexley • Bexley Land & Cattle LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #4334936
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-14 13:13:51 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)