204 Crest Ridge Cir, Lakeside, TX, 76108 | $246/mo Cash Flow

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204 Crest Ridge Cir, Lakeside, TX, 76108 | $246/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lakeside at 204 Crest Ridge Cir, Lakeside, TX, 76108 priced at $439,000 converts $3,368/mo rent into $246/mo cash flow after a $2,149/mo obligation. Total monthly income equals $3,368/mo, and annual cash flow totals $2,951/yr on $145,529 invested. Return on cash invested prints 21.94% in year one, and rental yield reads 9.21% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 114.92% and total cumulative return in cash sums $167,240. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,368/mo property income covering a $2,149/mo payment, not borrower’s personal income.

Single Family

Built in 1985

0.57 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated brick home that combines timeless charm with modern conveniences. This charming home features numerous updates including new roof, new windows through out, new interior doors, new stove with double oven, travertine flooring, and imported granite countertops. Spacious living area with vaulted wood plank ceiling, exposed beam and brick fireplace creates a warm and inviting atmosphere, perfect for gatherings. The kitchen is designed with both style and function with stainless steel appliances, imported granite countertops, breakfast bar and two dining areas. Enjoy the desirable split bedrooms with a huge primary bedroom suite offering a bathroom retreat with separate shower and relaxing jetted tub. Step outside to your own outside oasis complete with sparkling pool with diving board, spa, and stone accents ideal for entertaining or unwinding. Mature trees and manicured landscaping add to the curb appeal and privacy on half acre lot. Additional detached garage that could be a great workshop or used in various ways. Move in ready and perfect for modern living with timeless style. Great location with easy access to Highway 199, or 820.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76108, Fort Worth, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,073 (100%)
Owner Occupied HU	13,143 (65.5%)
Renter Occupied HU	5,956 (29.7%)
Vacant Housing Units	974 ( 4.9%)
Median Home Value	$319,563
Average Home Value	$378,113