LOT 43 Ridgeview Dr #CATCat SpringTX78933
Nearby investment properties with comparable rents
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 Cat Spring at LOT 43 Ridgeview Dr #CAT, Cat Spring, TX, 78933 priced at $110,000 pairs $1,814/mo rent with $1,017/mo cash flow after a $538/mo payment. Total monthly income equals $1,814/mo, and annual cash flow comes to $12,206/yr on $36,465 invested. Return on cash invested is 53.38% in year one, and rental yield stands at 19.79% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 283.83% and total cumulative return in cash reaches $103,500. For financing, Ziffy Mortgage’s DSCR program evaluates $1,814/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
1.13 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78933, Cat Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 589 (68.6%) |
| Renter Occupied HU | 114 (13.3%) |
| Vacant Housing Units | 155 (18.1%) |
| Median Home Value | $340,865 |
| Average Home Value | $479,312 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
28
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Listed by: Nicola Hammett • Lone Star Luxe Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #30763473
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