220 Ridge RdTuscolaTX79562
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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
Rental property for sale in Tuscola at 220 Ridge Rd, Tuscola, TX, 79562 priced at $475,000 converts $2,059/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,059/mo. Return on cash invested prints 9.86% in year one, and rental yield reads 5.2% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 50.18% and total cumulative return in cash sums $79,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,059/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79562, Tuscola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,129 (100%) |
| Owner Occupied HU | 1,727 (81.1%) |
| Renter Occupied HU | 194 ( 9.1%) |
| Vacant Housing Units | 208 ( 9.8%) |
| Median Home Value | $326,433 |
| Average Home Value | $376,768 |
Housing Distribution
Address Breakdown
Residential
2,178
Single Family
2,178
Multi-Family
0
Businesses
97
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