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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Duncanville at 1238 Ridge Rock Ln, Duncanville, TX, 75116 with 5% annual appreciation on a $430,000 basis while $2,400/mo rent supports operations. 37% in year one. Equity gained on principal adds $2,775/yr, and five-year appreciation sums $118,801 alongside rental yield of 6.7%. Five-year ROI measures 74.34% and total cumulative return in cash totals $105,963. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $2,105/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75116, Duncanville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,847 (100%) |
| Owner Occupied HU | 4,165 (60.8%) |
| Renter Occupied HU | 2,398 (35.0%) |
| Vacant Housing Units | 284 ( 4.1%) |
| Median Home Value | $267,151 |
| Average Home Value | $297,491 |
Residential
6,656
Single Family
5,410
Multi-Family
1,246
Businesses
800
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Listed for sale | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2644.93 | -10.02% | $400,470 | N/A |
| 2022-08-14 | $2939.39 | 3.31% | $400,470 | 43.03% |
| 2021-08-14 | $2845.10 | 7.62% | $279,990 | N/A |
Listed by: Delisa Lapinsky • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20690944
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.
