2363 Ridgewood DrWest ColumbiaTX77486
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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 West Columbia at 2363 Ridgewood Dr, West Columbia, TX, 77486 earns $273/mo cash flow from $3,168/mo rent with a $1,958/mo payment. Total monthly income totals $3,168/mo, and annual cash flow totals $3,280/yr on $132,600 capital. ROI tracks 22.38% on current figures, and rental yield reads 9.5% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 117.5% and total cumulative return in cash sums $155,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,168/mo property income instead of your personal income.
Single Family
Built in 2022
9,095 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77486, West Columbia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,692 (71.1%) |
| Renter Occupied HU | 659 (17.4%) |
| Vacant Housing Units | 437 (11.5%) |
| Median Home Value | $302,842 |
| Average Home Value | $340,786 |
Housing Distribution
Address Breakdown
Residential
3,361
Single Family
1,921
Multi-Family
1,440
Businesses
265
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Listed by: Steve Hwang • HomePlus Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #260357
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