Gresham Plan, The Ridge at Northlake, Northlake, TX, 76226 | $222/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Gresham Plan, The Ridge at Northlake, Northlake, TX, 76226 | $222/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Northlake at Gresham Plan, The Ridge at Northlake, Northlake, TX, 76226 with 5% annual appreciation on a $637,990 basis while $4,759/mo rent supports operations. Total monthly income totals $4,759/mo and a $3,123/mo payment preserves $222/mo for cash returns. Annual cash flow comes to $2,661/yr on $209,899 deployed, and return on cash invested reaches 21.33% in year one. Equity gained on principal adds $4,117/yr, and five-year appreciation sums $176,265 alongside rental yield of 8.95%. Five-year ROI measures 111.64% and total cumulative return in cash totals $234,323.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,759/mo property income versus a $3,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Make your new home dreams a reality with the innovative Gresham floor plan by David Weekley Homes in The Ridge at Northlake. Prepare, present and enjoy your culinary masterpieces on the contemporary kitchen's island overlooking the spacious family and dining areas. A sunlit study, specialty TV room, and serene covered porch present impressive spaces to pursue individual goals and enjoy spending time together. A private suite and Jack-and-Jill bedrooms help everyone find a space to make uniquely their own. It's easy to wake up on the right side of the bed in the luxurious Owner's Retreat, which includes an en suite Owner's Bath and walk-in closet. Experience the Best in Design, Choice and Service with this new home in Northlake, Texas.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,414 (100%)
Owner Occupied HU	15,448 (88.7%)
Renter Occupied HU	1,291 ( 7.4%)
Vacant Housing Units	675 ( 3.9%)
Median Home Value	$615,556
Average Home Value	$679,325