7342 Nandina Drive Pr, Ridge, TX, 76084 | 6.91% Rental Yield

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7342 Nandina Drive Pr, Ridge, TX, 76084 | 6.91% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,910/mo, and a $2,472/mo payment. Purchase price stands at $504,990, and rental yield measures 6.91% with $2,910/mo rent. Return on cash invested shows 15.14% in year one, and 5% annual appreciation builds toward $139,519 over five years. Five-year ROI reaches 78.45% and total cumulative return in cash records $130,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,910/mo property income covering a $2,472/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Cypress is a beautifully designed 2-story home that combines modern living with comfort and style. The first floor features a luxurious primary suite, providing a serene retreat with ample space and privacy. The heart of the home is the open kitchen layout, boasting a large island perfect for casual dining and entertaining. Optional features include a flexible space on the first floor that can be tailored to fit your lifestyle needs, whether as a home office or guest room. Upstairs, a spacious game room offers a perfect spot for recreation and relaxation for the whole family. For those seeking additional storage or vehicle space, an optional 3rd-car garage is available, making the Cypress a highly adaptable and desirable home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76084, Venus, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,458 (100%)
Owner Occupied HU	4,567 (83.7%)
Renter Occupied HU	548 (10.0%)
Vacant Housing Units	343 ( 6.3%)
Median Home Value	$329,699
Average Home Value	$357,856