127 Ridgewood DrDel RioTX78840
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
Investment property for sale in Del Rio at 127 Ridgewood Dr, Del Rio, TX, 78840 at $220,000 posts ROI 26.94% with $427/mo cash flow from $1,992/mo rent. Total monthly income equals $1,992/mo, and annual cash flow records $5,128/yr on $72,930 to close. Return on cash invested measures 26.94% and rental yield reads 10.87% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 141.82% and total cumulative return in cash totals $103,427.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,992/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,647 (100%) |
| Owner Occupied HU | 10,623 (57.0%) |
| Renter Occupied HU | 5,537 (29.7%) |
| Vacant Housing Units | 2,487 (13.3%) |
| Median Home Value | $181,029 |
| Average Home Value | $222,331 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
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Listed by: Grover Lemarr • Riverside Realty & Property Management
Mls Name: Del Rio BOR
Mls ID: #206530
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2025-02-12 13:12:24 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.