Kilgore IV Plan, The RidgeNorthlakeTX76226
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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 Northlake at Kilgore IV Plan, The Ridge, Northlake, TX, 76226 generates $6,335/mo in rent and, after a $2,898/mo payment, leaves $2,126/mo in cash flow. Total monthly income is $6,335/mo, and annual cash flow is $25,509/yr on $194,765 invested. Return on cash invested sits at 33.16% in year one, and rental yield is 12.84% on a $591,990 entry. Equity gained on principal adds $3,820/yr, while 5% annual appreciation builds toward $163,556 over five years. Five-year ROI reaches 175.08% and total cumulative return in cash sums $340,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,335/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
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