8908 River Ridge DrTexarkanaTX75503
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
Rental property for sale in Texarkana at 8908 River Ridge Dr, Texarkana, TX, 75503 priced at $650,000 converts $5,030/mo rent into $408/mo cash flow after a $3,181/mo obligation. Total monthly income equals $5,030/mo, and annual cash flow totals $4,898/yr on $213,850 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 9.29% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 117.13% and total cumulative return in cash sums $250,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,030/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1984
3.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75503, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 6,217 (56.1%) |
| Renter Occupied HU | 3,871 (34.9%) |
| Vacant Housing Units | 999 ( 9.0%) |
| Median Home Value | $272,309 |
| Average Home Value | $343,342 |
Housing Distribution
Address Breakdown
Residential
11,525
Single Family
9,358
Multi-Family
2,167
Businesses
1,263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices