1615 Teton River DrBlue RidgeTX75424
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
Rental property for sale in Blue Ridge at 1615 Teton River Dr, Blue Ridge, TX, 75424 priced at $300,490 converts $2,700/mo rent into $509/mo cash flow after a $1,471/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $6,105/yr on $99,612 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 10.78% against a $300,490 entry. Equity gained on principal adds $1,939/yr, while 5% annual appreciation compiles into $83,020 by year five. Five-year ROI reaches 137.16% and total cumulative return in cash sums $136,630. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,471/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75424, Blue Ridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,311 (80.4%) |
| Renter Occupied HU | 243 (14.9%) |
| Vacant Housing Units | 76 ( 4.7%) |
| Median Home Value | $512,366 |
| Average Home Value | $518,837 |
Housing Distribution
Address Breakdown
Residential
1,662
Single Family
1,662
Multi-Family
0
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Clinton • DR Horton, America's Builder
Mls Name: NTREIS
Mls ID: #20942310
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.