304 Southridge PkwyJacksonvilleTX75766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jacksonville at 304 Southridge Pkwy, Jacksonville, TX, 75766 priced at $254,500 converts $870/mo rent into after a $1,246/mo obligation. Total monthly income equals $870/mo. Return on cash invested prints 6.54% in year one, and rental yield reads 4.1% against a $254,500 entry. Equity gained on principal adds $1,642/yr, while 5% annual appreciation compiles into $70,314 by year five. Five-year ROI reaches 32.34% and total cumulative return in cash sums $27,283. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $870/mo property income covering a $1,246/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75766, Jacksonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,378 (100%) |
| Owner Occupied HU | 6,778 (59.6%) |
| Renter Occupied HU | 3,193 (28.1%) |
| Vacant Housing Units | 1,407 (12.4%) |
| Median Home Value | $186,127 |
| Average Home Value | $254,794 |
Housing Distribution
Address Breakdown
Residential
10,510
Single Family
9,714
Multi-Family
796
Businesses
1,051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Brock • Mossy Oak Properties of Texas - Jacksonville Group
Mls Name: GTARMLS
Mls ID: #25014137