7466 County Road 573Blue RidgeTX75424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blue Ridge at 7466 County Road 573, Blue Ridge, TX, 75424 offers a 8.57% rental yield on a $355,599 purchase with $2,540/mo rent. Total monthly income registers $2,540/mo, and a $1,740/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $141/yr on $117,881 to close, and return on cash invested stands at 20.03% in year one. Equity gained on principal adds $2,295/yr while 5% annual appreciation supports $98,245 over five years. Portfolio math shows five-year ROI at 104.7% and total cumulative return in cash at $123,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,540/mo property income against a $1,740/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2016
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75424, Blue Ridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 1,311 (80.4%) |
| Renter Occupied HU | 243 (14.9%) |
| Vacant Housing Units | 76 ( 4.7%) |
| Median Home Value | $512,366 |
| Average Home Value | $518,837 |
Housing Distribution
Address Breakdown
Residential
1,662
Single Family
1,662
Multi-Family
0
Businesses
101
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Listed by: Malea Adamski • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21146930