807 Ridgelea DrBovinaTX79009
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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
Investment property for sale in Bovina at 807 Ridgelea Dr, Bovina, TX, 79009 earns $315/mo cash flow from $1,808/mo rent with a $1,028/mo payment. Total monthly income totals $1,808/mo, and annual cash flow totals $3,774/yr on $69,615 capital. ROI tracks 25.33% on current figures, and rental yield reads 10.33% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 133.17% and total cumulative return in cash sums $92,704. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,808/mo property income instead of your personal income.
Single Family
Built in 1963
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79009, Bovina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 695 (100%) |
| Owner Occupied HU | 401 (57.7%) |
| Renter Occupied HU | 211 (30.4%) |
| Vacant Housing Units | 83 (11.9%) |
| Median Home Value | $123,142 |
| Average Home Value | $177,980 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
92
Multi-Family
0
Businesses
52
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Listed by: Pamela White • Ward Kellner Properties Bovina
Mls Name: HAR
Mls Provider:
Mls ID: #97923825
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