155 Cherry Ridge DrBURNETTX78611
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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 BURNET at 155 Cherry Ridge Dr, BURNET, TX, 78611 at $820,000 posts ROI 6.89% with from $2,869/mo rent. Total monthly income equals $2,869/mo. Return on cash invested measures 6.89% and rental yield reads 4.2% at the current $820,000. Equity gained on principal adds $5,291/yr, and 5% annual appreciation supports $226,551 by year five. Five-year ROI prints 34.2% and total cumulative return in cash totals $92,255. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,869/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
12.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Housing Distribution
Address Breakdown
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
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