8384 Fm 545Blue 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 8384 Fm 545, Blue ridge, TX, 75424 offers a 7.5% rental yield on a $327,000 purchase with $2,044/mo rent. 79% in year one. Equity gained on principal adds $2,110/yr while 5% annual appreciation supports $90,344 over five years. Portfolio math shows five-year ROI at 87.37% and total cumulative return in cash at $94,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,044/mo property income against a $1,601/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
1.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Norma Walker • JPAR Dallas
Mls Name: NTREIS
Mls ID: #21031355