8117 S Ridge VwAbileneTX79606
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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 Abilene at 8117 S Ridge Vw, Abilene, TX, 79606 offers $2,960/mo rent that, after a $1,801/mo payment, leaves $333/mo cash flow. Total monthly income is $2,960/mo, and annual cash flow is $3,999/yr on $121,992 cash. Return on cash invested measures 23.19% in year one, and rental yield stands at 9.65% at a $368,000 entry. Equity gained on principal adds $2,375/yr while 5% annual appreciation compounds into $101,672 by year five. Five-year ROI records 121.7% and total cumulative return in cash reaches $148,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,960/mo property income versus a $1,801/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79606, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,876 (100%) |
| Owner Occupied HU | 7,264 (52.3%) |
| Renter Occupied HU | 5,508 (39.7%) |
| Vacant Housing Units | 1,104 ( 8.0%) |
| Median Home Value | $276,245 |
| Average Home Value | $311,864 |
Housing Distribution
Address Breakdown
Residential
13,702
Single Family
10,096
Multi-Family
3,606
Businesses
709
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Listed by: Terri Collum • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20820698
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.