405 Ridge Loop LOT 37Rio FrioTX78879
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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 Rio Frio at 405 Ridge Loop LOT 37, Rio Frio, TX, 78879 uses $82,875 cash to close to unlock $3,382/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,224/mo payment keeps the spread at $282/mo. Purchase price stands at $250,000, and rental yield measures 10.37% with $2,160/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 126.48% and total cumulative return in cash records $104,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Lot
Built in N/A
5.16 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78879, Rio Frio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 178 (57.2%) |
| Renter Occupied HU | 54 (17.4%) |
| Vacant Housing Units | 79 (25.4%) |
| Median Home Value | $400,000 |
| Average Home Value | $518,427 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
14
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Listed by: Elly Wilson • Suttle And Associates
Mls Name: SABOR
Mls Provider:
Mls ID: #1665719
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.