2169 Ridgewood CirInglesideTX78362
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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 Ingleside at 2169 Ridgewood Cir, Ingleside, TX, 78362 uses $62,985 cash to close to unlock $6,778/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $1,916/mo, and a $930/mo payment keeps the spread at $565/mo. Purchase price stands at $190,000, and rental yield measures 12.1% with $1,916/mo rent. Return on cash invested shows 30.67% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 161.75% and total cumulative return in cash records $101,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,916/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1998
5,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78362, Ingleside, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,866 (100%) |
| Owner Occupied HU | 2,688 (55.2%) |
| Renter Occupied HU | 1,371 (28.2%) |
| Vacant Housing Units | 807 (16.6%) |
| Median Home Value | $233,230 |
| Average Home Value | $265,187 |
Housing Distribution
Address Breakdown
Residential
4,729
Single Family
3,754
Multi-Family
975
Businesses
239
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