824 Bridle TrlSaginawTX76179
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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 Saginaw at 824 Bridle Trl, Saginaw, TX, 76179 priced at $298,500 converts $2,316/mo rent into $193/mo cash flow after a $1,461/mo obligation. Total monthly income equals $2,316/mo, and annual cash flow totals $2,320/yr on $98,953 invested. Return on cash invested prints 22.25% in year one, and rental yield reads 9.31% against a $298,500 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation compiles into $82,470 by year five. Five-year ROI reaches 116.66% and total cumulative return in cash sums $115,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $1,461/mo payment, not borrower’s personal income.
Single Family
Built in 2002
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,691 (100%) |
| Owner Occupied HU | 22,929 (79.9%) |
| Renter Occupied HU | 4,858 (16.9%) |
| Vacant Housing Units | 904 ( 3.2%) |
| Median Home Value | $355,811 |
| Average Home Value | $415,903 |
Housing Distribution
Address Breakdown
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
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