214 Southridge StEdgewoodTX75117
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 214 Southridge St, Edgewood, TX, 75117 in Edgewood offers a clean, manageable entry. Rental yield 7.31%. DSCR 1.35 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $129,825 in additional property value over five years, with $4,328/yr in principal equity building ownership stake. Total projected cumulative return: $149,227.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $(480) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,862 |
| Total Monthly Debt Service | $3,155 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75117, Edgewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,288 (69.3%) |
| Renter Occupied HU | 399 (21.5%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $313,497 |
| Average Home Value | $669,722 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,559
Multi-Family
22
Businesses
128
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
Single Family
Built in 1994
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75117, Edgewood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,858 (100%) |
| Owner Occupied HU | 1,288 (69.3%) |
| Renter Occupied HU | 399 (21.5%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $313,497 |
| Average Home Value | $669,722 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,559
Multi-Family
22
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry Scott Moore • Century 21 NexGen Realty
Mls Name: NTREIS
Mls ID: #20899380
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.