19482 Ruggles Ct WFlintTX75762
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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 Flint at 19482 Ruggles Ct W, Flint, TX, 75762 priced at $315,000 converts $2,526/mo rent into $286/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,526/mo, and annual cash flow totals $3,429/yr on $104,423 invested. Return on cash invested prints 23.19% in year one, and rental yield reads 9.62% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 121.67% and total cumulative return in cash sums $127,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,526/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75762, Flint, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,331 (100%) |
| Owner Occupied HU | 4,841 (76.5%) |
| Renter Occupied HU | 970 (15.3%) |
| Vacant Housing Units | 520 ( 8.2%) |
| Median Home Value | $349,126 |
| Average Home Value | $398,454 |
Housing Distribution
Address Breakdown
Residential
6,100
Single Family
6,100
Multi-Family
0
Businesses
434
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