158 Ridgewood StBridge CityTX77611
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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 Bridge City at 158 Ridgewood St, Bridge City, TX, 77611 listed at $189,900 pairs $1,502/mo rent with a $929/mo payment to leave $152/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $1,825/yr on $62,952 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 9.49% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 119.68% and total cumulative return in cash totals $75,341. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
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Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #31670729
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