4211 Ridgeway DrPlainviewTX79072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Plainview at 4211 Ridgeway Dr, Plainview, TX, 79072 listed at $180,000 pairs $2,539/mo rent with a $881/mo payment to leave $1,259/mo cash flow. Total monthly income runs $2,539/mo, and annual cash flow reaches $15,108/yr on $59,670 cash to close. Return on cash invested measures 45.23% in year one, and rental yield registers 16.93% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 239.83% and total cumulative return in cash totals $143,105. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,539/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Carrasco • Berkshire Hathaway HomeService
Mls Name: LBMLS
Mls Provider:
Mls ID: #202412047
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.