2305 RidgewoodBedfordTX76021
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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 Bedford at 2305 Ridgewood, Bedford, TX, 76021 earns from $3,560/mo rent with a $2,740/mo payment. Total monthly income totals $3,560/mo. ROI tracks 17.32% on current figures, and rental yield reads 7.63% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 90.13% and total cumulative return in cash sums $166,018. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,560/mo property income instead of your personal income.
Single Family
Built in 1983
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76021, Bedford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,294 (100%) |
| Owner Occupied HU | 8,683 (53.3%) |
| Renter Occupied HU | 6,937 (42.6%) |
| Vacant Housing Units | 674 ( 4.1%) |
| Median Home Value | $392,855 |
| Average Home Value | $450,494 |
Housing Distribution
Address Breakdown
Residential
16,001
Single Family
10,007
Multi-Family
5,994
Businesses
924
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Listed by: Melanie Hunt • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20942552
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.