576 Ripy RdPonderTX76259
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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
Rental property for sale in Ponder at 576 Ripy Rd, Ponder, TX, 76259 generates $1,854/mo in rent, after a $1,346/mo payment. Total monthly income is $1,854/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 8.09% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 96.92% and total cumulative return in cash sums $88,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76259, Ponder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,643 (100%) |
| Owner Occupied HU | 2,251 (85.2%) |
| Renter Occupied HU | 302 (11.4%) |
| Vacant Housing Units | 90 ( 3.4%) |
| Median Home Value | $504,792 |
| Average Home Value | $556,339 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
190
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Listed by: Carissa Acker • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #21004783
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.