410 Heritage Grove RdBlue 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 410 Heritage Grove Rd, Blue Ridge, TX, 75424 uses $122,622 cash to close to unlock $191/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,810/mo payment keeps the spread at $16/mo. Purchase price stands at $369,900, and rental yield measures 8.76% with $2,700/mo rent. Return on cash invested shows 20.06% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 105.07% and total cumulative return in cash records $128,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$650 annually 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: Kathryn Corey • House & Home Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20988801
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.