809 S Ridgeway DrCleburneTX76033
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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
Total monthly income runs $1,613/mo, and a $1,116/mo payment. Purchase price stands at $228,000, and rental yield measures 8.49% with $1,613/mo rent. Return on cash invested shows 16.61% in year one, and 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 87.55% and total cumulative return in cash records $66,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,613/mo property income covering a $1,116/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Housing Distribution
Address Breakdown
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
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Listed by: David Ellis • David Ellis Real Estate
Mls Name: NTREIS
Mls ID: #20950950
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.