104 S Cedar StLeonardTX75452
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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 Leonard at 104 S Cedar St, Leonard, TX, 75452 with 5% annual appreciation on a $249,900 basis while $1,716/mo rent supports operations. 56% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.24%. Five-year ROI measures 91.99% and total cumulative return in cash totals $76,202. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,716/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75452, Leonard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,459 (69.5%) |
| Renter Occupied HU | 434 (20.7%) |
| Vacant Housing Units | 205 ( 9.8%) |
| Median Home Value | $276,141 |
| Average Home Value | $355,331 |
Housing Distribution
Address Breakdown
Residential
1,861
Single Family
1,830
Multi-Family
31
Businesses
109
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Listed by: Justin Lawrence • RedBrix Realty
Mls Name: NTREIS
Mls ID: #20940564
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