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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Nemo at 1040 Cedar Hill Dr, Nemo, TX, 76070 generates $0/mo in rent, after a $4,160/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.88% in year one, and rental yield is 0% on a $849,990 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,837 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/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 shown for ZIP Code: 76070, Nemo, TX area.
| 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 |
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Lindlee Dickens • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #21121939
