23220 Bridle View DrLindaleTX75771
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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 Lindale at 23220 Bridle View Dr, Lindale, TX, 75771 priced at $869,900 converts $3,508/mo rent into after a $4,258/mo obligation. Total monthly income equals $3,508/mo. Return on cash invested prints 8.83% in year one, and rental yield reads 4.84% against a $869,900 entry. Equity gained on principal adds $5,613/yr, while 5% annual appreciation compiles into $240,337 by year five. Five-year ROI reaches 44.62% and total cumulative return in cash sums $127,697. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,508/mo property income covering a $4,258/mo payment, not borrower’s personal income.
Single Family
Built in 2008
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75771, Lindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,663 (100%) |
| Owner Occupied HU | 6,977 (72.2%) |
| Renter Occupied HU | 1,892 (19.6%) |
| Vacant Housing Units | 794 ( 8.2%) |
| Median Home Value | $310,875 |
| Average Home Value | $374,508 |
Housing Distribution
Address Breakdown
Residential
9,549
Single Family
9,446
Multi-Family
103
Businesses
653
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