2424 Ridgestone DrDallasTX75287
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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 Dallas at 2424 Ridgestone Dr, Dallas, TX, 75287 listed at $325,000 pairs $2,189/mo rent with a $1,591/mo payment. Total monthly income runs $2,189/mo. Return on cash invested measures 18.55% in year one, and rental yield registers 8.08% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 96.76% and total cumulative return in cash totals $104,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,189/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
5,532 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
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Listed by: Kenneth Bebensee • Turtle Creek Realty
Mls Name: NTREIS
Mls ID: #20979041
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.