2415 Glen Ridge DrHighland VillageTX75077
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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 Highland Village at 2415 Glen Ridge Dr, Highland Village, TX, 75077 generates $3,700/mo in rent, after a $2,863/mo payment. Total monthly income is $3,700/mo. Return on cash invested sits at 16.75% in year one, and rental yield is 7.59% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 87.24% and total cumulative return in cash sums $167,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,700/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
8,015 sqft lot
$N/A/sqft
$860 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75077, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 11,790 (76.2%) |
| Renter Occupied HU | 3,210 (20.8%) |
| Vacant Housing Units | 465 ( 3.0%) |
| Median Home Value | $464,627 |
| Average Home Value | $538,179 |
Housing Distribution
Address Breakdown
Residential
15,326
Single Family
12,884
Multi-Family
2,442
Businesses
586
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Listed by: Jean M Seth • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20971142
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.