161 Ridgemont DrHeathTX75126
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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 Heath at 161 Ridgemont Dr, Heath, TX, 75126 earns from $7,082/mo rent with a $7,660/mo payment. Total monthly income totals $7,082/mo. ROI tracks 10.79% on current figures, and rental yield reads 5.43% at a $1,565,000 purchase. Equity gained on principal adds $10,099/yr, and 5% annual appreciation supports $432,381 over five years. Five-year ROI reaches 55.09% and total cumulative return in cash sums $279,331. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,082/mo property income instead of your personal income.
Single Family
Built in 2002
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75126, Forney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,284 (100%) |
| Owner Occupied HU | 27,587 (80.5%) |
| Renter Occupied HU | 4,836 (14.1%) |
| Vacant Housing Units | 1,861 ( 5.4%) |
| Median Home Value | $367,112 |
| Average Home Value | $402,384 |
Housing Distribution
Address Breakdown
Residential
32,261
Single Family
30,389
Multi-Family
1,872
Businesses
1,196
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