308 Oak Ridge StIngramTX78025
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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 Ingram at 308 Oak Ridge St, Ingram, TX, 78025 priced at $147,000 pairs $1,166/mo rent with $121/mo cash flow after a $719/mo payment. Total monthly income equals $1,166/mo, and annual cash flow comes to $1,454/yr on $48,731 invested. Return on cash invested is 22.89% in year one, and rental yield stands at 9.52% on a $147,000 basis. Equity gained on principal adds $949/yr, and 5% annual appreciation accumulates to $40,613 by year five. Five-year ROI measures 120.15% and total cumulative return in cash reaches $58,548. For financing, Ziffy Mortgage’s DSCR program evaluates $1,166/mo property income against a $719/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78025, Ingram, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,830 (100%) |
| Owner Occupied HU | 1,886 (66.6%) |
| Renter Occupied HU | 413 (14.6%) |
| Vacant Housing Units | 531 (18.8%) |
| Median Home Value | $408,897 |
| Average Home Value | $518,590 |
Housing Distribution
Address Breakdown
Residential
1,923
Single Family
1,923
Multi-Family
0
Businesses
244
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