216 Thorn Ridge StBridge CityTX77611
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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
Investment property for sale in Bridge City at 216 Thorn Ridge St, Bridge City, TX, 77611 earns $697/mo cash flow from $2,729/mo rent with a $1,368/mo payment. Total monthly income totals $2,729/mo, and annual cash flow totals $8,369/yr on $92,621 capital. ROI tracks 28.94% on current figures, and rental yield reads 11.72% at a $279,400 purchase. Equity gained on principal adds $1,803/yr, and 5% annual appreciation supports $77,193 over five years. Five-year ROI reaches 152.75% and total cumulative return in cash sums $141,480. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,729/mo property income instead of your personal income.
Single Family
Built in 2012
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
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