180 Ryan Joe CirIredellTX76649
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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
Rental property for sale in Iredell at 180 Ryan Joe Cir, Iredell, TX, 76649 priced at $1,370,000 converts $0/mo rent into after a $6,705/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -8.07% in year one, and rental yield reads 0% against a $1,370,000 entry. Equity gained on principal adds $8,840/yr, while 5% annual appreciation compiles into $378,506 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $6,705/mo payment, not borrower’s personal income.
Single Family
Built in 2017
3,876 sqft lot
$N/A/sqft
$9,348 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76649, Iredell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 264 (56.3%) |
| Renter Occupied HU | 49 (10.4%) |
| Vacant Housing Units | 156 (33.3%) |
| Median Home Value | $188,636 |
| Average Home Value | $222,661 |
Housing Distribution
Address Breakdown
Residential
277
Single Family
277
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Leigh Hearn • Realty Texas, LLC
Mls Name: NTREIS
Mls ID: #20721504
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