








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 1073 Cedar Hill Dr, Nemo, TX, 76070 offers $3,762/mo rent that, after a $3,622/mo payment. Total monthly income is $3,762/mo. Return on cash invested measures 12.58% in year one, and rental yield stands at 6.1% at a $739,990 entry. Equity gained on principal adds $4,775/yr while 5% annual appreciation compounds into $204,446 by year five. Five-year ROI records 64.79% and total cumulative return in cash reaches $157,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,762/mo property income versus a $3,622/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.32 Acres lot
$N/A/sqft
$200 annually 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 |
|---|---|---|
| 2025-02-12 | Listed for sale | $739,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lindlee Dickens • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #20842326
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.