2120 Lake Ridge DrCaldwellTX77836
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
Investment property for sale in Caldwell at 2120 Lake Ridge Dr, Caldwell, TX, 77836 at $159,900 posts ROI 25.23% with $235/mo cash flow from $1,386/mo rent. Total monthly income equals $1,386/mo, and annual cash flow records $2,821/yr on $53,007 to close. Return on cash invested measures 25.23% and rental yield reads 10.4% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 132.81% and total cumulative return in cash totals $70,398.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,386/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1978
3.43 Acres lot
$N/A/sqft
$162 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77836, Caldwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,448 (100%) |
| Owner Occupied HU | 4,176 (64.8%) |
| Renter Occupied HU | 1,058 (16.4%) |
| Vacant Housing Units | 1,214 (18.8%) |
| Median Home Value | $229,911 |
| Average Home Value | $275,725 |
Housing Distribution
Address Breakdown
Residential
5,115
Single Family
5,083
Multi-Family
32
Businesses
466
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Listed by: Drew McGehee • eXp Realty, LLC
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24009196
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.