101 N Cedar StCelesteTX75423
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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 Celeste at 101 N Cedar St, Celeste, TX, 75423 priced at $299,900 pairs $2,518/mo rent with $385/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,518/mo, and annual cash flow comes to $4,623/yr on $99,417 invested. Return on cash invested is 24.56% in year one, and rental yield stands at 10.08% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 129.01% and total cumulative return in cash reaches $128,260. For financing, Ziffy Mortgage’s DSCR program evaluates $2,518/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75423, Celeste, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,083 (74.1%) |
| Renter Occupied HU | 216 (14.8%) |
| Vacant Housing Units | 162 (11.1%) |
| Median Home Value | $291,021 |
| Average Home Value | $323,250 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,370
Multi-Family
0
Businesses
48
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Listed by: Meetrah Amini • Real Estate Reformation
Mls Name: NTREIS
Mls ID: #20815067
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.