








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Roanoke at 3909 Ringdove Way, Roanoke, TX, 76262 with 5% annual appreciation on a $450,000 basis while $4,223/mo rent supports operations. Total monthly income totals $4,223/mo and a $2,203/mo payment preserves $972/mo for cash returns. Annual cash flow comes to $11,665/yr on $149,175 deployed, and return on cash invested reaches 27.73% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 11.26%. Five-year ROI measures 146.16% and total cumulative return in cash totals $218,034.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,223/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
5,619 sqft lot
$N/A/sqft
$605 annually HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
Date | Event | Price |
|---|---|---|
| 2025-02-13 | Price change | $450,000 |
| 2025-01-24 | Listed for sale | $475,000 |
| 2016-11-22 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4382.10 | 15.05% | $421,927 | 10.00% |
| 2023-02-13 | $3808.81 | -18.66% | $383,570 | 10.00% |
| 2022-02-13 | $4682.39 | 4.06% | $348,700 | 7.02% |



Listed by: Kimberly Reding • MAGNOLIA REALTY
Mls Name: NTREIS
Mls ID: #20814321
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.