310 Oak Ridge DrShepherdTX77371
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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 Shepherd at 310 Oak Ridge Dr, Shepherd, TX, 77371 priced at $424,900 converts $4,338/mo rent into $1,316/mo cash flow after a $2,080/mo obligation. Total monthly income equals $4,338/mo, and annual cash flow totals $15,794/yr on $140,854 invested. Return on cash invested prints 31.12% in year one, and rental yield reads 12.25% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 164.21% and total cumulative return in cash sums $231,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,338/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1996
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77371, Shepherd, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,594 (100%) |
| Owner Occupied HU | 2,488 (69.2%) |
| Renter Occupied HU | 590 (16.4%) |
| Vacant Housing Units | 516 (14.4%) |
| Median Home Value | $208,858 |
| Average Home Value | $249,117 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
2,887
Multi-Family
198
Businesses
163
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Listed by: Paige Houston • Texas Real Estate Pro
Mls Name: HAR
Mls Provider:
Mls ID: #61809175
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