4229 Ridgecrest CirLake WorthTX76135
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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 Lake Worth at 4229 Ridgecrest Cir, Lake Worth, TX, 76135 uses $82,709 cash to close to unlock $7,667/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $2,413/mo, and a $1,221/mo payment keeps the spread at $639/mo. Purchase price stands at $249,500, and rental yield measures 11.61% with $2,413/mo rent. Return on cash invested shows 29.18% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 153.74% and total cumulative return in cash records $127,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,413/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76135, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,433 (55.8%) |
| Renter Occupied HU | 3,527 (36.2%) |
| Vacant Housing Units | 776 ( 8.0%) |
| Median Home Value | $368,676 |
| Average Home Value | $419,949 |
Housing Distribution
Address Breakdown
Residential
8,573
Single Family
7,081
Multi-Family
1,492
Businesses
586
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Listed by: Marty Gray • Real Estate By Pat Gray
Mls Name: NTREIS
Mls ID: #21072516