402 W Fm 545Blue RidgeTX75424
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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
Investment property for sale in Blue Ridge at 402 W Fm 545, Blue Ridge, TX, 75424 earns $330/mo cash flow from $2,119/mo rent with a $1,224/mo payment. Total monthly income totals $2,119/mo, and annual cash flow totals $3,963/yr on $82,875 capital. ROI tracks 24.69% on current figures, and rental yield reads 10.17% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 129.79% and total cumulative return in cash sums $107,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,119/mo property income instead of your personal income.
Single Family
Built in 1980
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75424, Blue Ridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,311 (80.4%) |
| Renter Occupied HU | 243 (14.9%) |
| Vacant Housing Units | 76 ( 4.7%) |
| Median Home Value | $512,366 |
| Average Home Value | $518,837 |
Housing Distribution
Address Breakdown
Residential
1,662
Single Family
1,662
Multi-Family
0
Businesses
101
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Listed by: John Martellini • Texas Elite Realty
Mls Name: NTREIS
Mls ID: #21065212
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.