6626 Oakridge LnArgyleTX76226
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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 Argyle at 6626 Oakridge Ln, Argyle, TX, 76226 generates $1,011/mo in rent and, after a $636/mo payment, leaves $87/mo in cash flow. Total monthly income is $1,011/mo, and annual cash flow is $1,042/yr on $43,095 invested. Return on cash invested sits at 22.33% in year one, and rental yield is 9.33% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 117.01% and total cumulative return in cash sums $50,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,011/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Housing Distribution
Address Breakdown
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
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Listed by: Jason Samons • Mersaes Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20839893
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.