








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 3945 Ringdove Way, Roanoke, TX, 76262 offers a 8.55% rental yield on a $420,000 purchase with $2,993/mo rent. 53% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 102.16% and total cumulative return in cash at $142,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,993/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,488 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $420,000 |
| 2018-06-06 | Listing removed | $279,900 |
| 2018-05-09 | Pending sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $3608.21 | 15.67% | $362,660 | 10.00% |
| 2023-04-16 | $3119.33 | -21.06% | $329,691 | 10.00% |
| 2022-04-16 | $3951.52 | 3.42% | $299,719 | 10.00% |



Listed by: Amy Allen • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20898140
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.