8687 County Road 502Blue RidgeTX75424
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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 Blue Ridge at 8687 County Road 502, Blue Ridge, TX, 75424 offers a 7.12% rental yield on a $619,900 purchase with $3,677/mo rent. 76% in year one. Equity gained on principal adds $4,000/yr while 5% annual appreciation supports $171,267 over five years. Portfolio math shows five-year ROI at 81.77% and total cumulative return in cash at $166,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,677/mo property income against a $3,034/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.02 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
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Listed by: Kathryn Corey • Monument Realty
Mls Name: NTREIS
Mls ID: #21082096