1016 Cedar River DrGodleyTX76044
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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
Investment property for sale in Godley at 1016 Cedar River Dr, Godley, TX, 76044 uses $132,597 cash to close to unlock $677/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $2,934/mo, and a $1,958/mo payment keeps the spread at $56/mo. Purchase price stands at $399,990, and rental yield measures 8.8% with $2,934/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $110,510 over five years. Five-year ROI reaches 106.92% and total cumulative return in cash records $141,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,934/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,599 sqft lot
$N/A/sqft
$395 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Housing Distribution
Address Breakdown
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
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Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #21061689
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.