69 N Ridge DrJusticeburgTX79330
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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 Justiceburg at 69 N Ridge Dr, Justiceburg, TX, 79330 priced at $1,900,000 pairs $0/mo rent with after a $9,300/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.97% in year one, and rental yield stands at 0% on a $1,900,000 basis. Equity gained on principal adds $12,260/yr, and 5% annual appreciation accumulates to $524,935 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $9,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79330, Justiceburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 261 (100%) |
| Owner Occupied HU | 68 (26.1%) |
| Renter Occupied HU | 13 ( 5.0%) |
| Vacant Housing Units | 180 (69.0%) |
| Median Home Value | $159,375 |
| Average Home Value | $222,096 |
Housing Distribution
Address Breakdown
Residential
70
Single Family
70
Multi-Family
0
Businesses
8
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No similar rental properties found nearby.
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Listed by: Lori Manning • Realty Refined
Mls Name: LBMLS
Mls ID: #202561716