1040 Cedar Hill DrNemoTX76070
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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 Nemo at 1040 Cedar Hill Dr, Nemo, TX, 76070 generates $4,945/mo in rent, after a $4,160/mo payment. Total monthly income is $4,945/mo. Return on cash invested sits at 15.34% in year one, and rental yield is 6.98% on a $849,990 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,837 over five years. Five-year ROI reaches 79.54% and total cumulative return in cash sums $222,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,945/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76070, Nemo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 321 (100%) |
| Owner Occupied HU | 254 (79.1%) |
| Renter Occupied HU | 38 (11.8%) |
| Vacant Housing Units | 29 ( 9.0%) |
| Median Home Value | $328,125 |
| Average Home Value | $372,923 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
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