178 W Ridgewood DrBurkevilleTX75932
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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 Burkeville at 178 W Ridgewood Dr, Burkeville, TX, 75932 offers a 9.81% rental yield on a $180,000 purchase with $1,471/mo rent. Total monthly income registers $1,471/mo, and a $881/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,292/yr on $59,670 to close, and return on cash invested stands at 23.75% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 124.63% and total cumulative return in cash at $74,369. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,471/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75932, Burkeville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 606 (48.2%) |
| Renter Occupied HU | 71 ( 5.6%) |
| Vacant Housing Units | 581 (46.2%) |
| Median Home Value | $155,000 |
| Average Home Value | $175,825 |
Housing Distribution
Address Breakdown
Residential
752
Single Family
752
Multi-Family
0
Businesses
51
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Listed by: Sondra Apelt • Waterfront Toledo Bend
Mls Name: LAR
Mls ID: #4208609