Lavender Plan, Prairie Ridge at GoodlandK9tgpv Prairie RidgeTX76084
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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 K9tgpv Prairie Ridge at Lavender Plan, Prairie Ridge at Goodland, K9tgpv Prairie Ridge, TX, 76084 priced at $341,990 converts $2,034/mo rent into after a $1,674/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 15.7% in year one, and rental yield reads 7.14% against a $341,990 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation compiles into $94,486 by year five. Five-year ROI reaches 81.45% and total cumulative return in cash sums $92,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,674/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76084, Venus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,458 (100%) |
| Owner Occupied HU | 4,567 (83.7%) |
| Renter Occupied HU | 548 (10.0%) |
| Vacant Housing Units | 343 ( 6.3%) |
| Median Home Value | $329,699 |
| Average Home Value | $357,856 |
Housing Distribution
Address Breakdown
Residential
5,310
Single Family
5,195
Multi-Family
115
Businesses
179
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Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A