104 Martin MeadowsCedar CreekTX78612
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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 Cedar Creek at 104 Martin Meadows, Cedar Creek, TX, 78612 offers $2,960/mo rent that, after a $2,007/mo payment, leaves $19/mo cash flow. Total monthly income is $2,960/mo, and annual cash flow is $230/yr on $135,915 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.66% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 105.07% and total cumulative return in cash reaches $142,811. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,960/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.10 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78612, Cedar Creek, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 4,793 (75.5%) |
| Renter Occupied HU | 1,142 (18.0%) |
| Vacant Housing Units | 414 ( 6.5%) |
| Median Home Value | $347,251 |
| Average Home Value | $411,581 |
Housing Distribution
Address Breakdown
Residential
6,245
Single Family
6,245
Multi-Family
0
Businesses
273
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Listed by: Shayne Lowery • Phillips & Associates Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1834080
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.