1111 Red Bird DrCedar ParkTX78613
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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 Park at 1111 Red Bird Dr, Cedar Park, TX, 78613 priced at $644,400 converts $3,282/mo rent into after a $3,154/mo obligation. Total monthly income equals $3,282/mo. Return on cash invested prints 12.7% in year one, and rental yield reads 6.11% against a $644,400 entry. Equity gained on principal adds $4,158/yr, while 5% annual appreciation compiles into $178,036 by year five. Five-year ROI reaches 65.37% and total cumulative return in cash sums $138,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,282/mo property income covering a $3,154/mo payment, not borrower’s personal income.
Single Family
Built in 1989
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78613, Cedar Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,575 (100%) |
| Owner Occupied HU | 20,757 (58.3%) |
| Renter Occupied HU | 13,356 (37.5%) |
| Vacant Housing Units | 1,462 ( 4.1%) |
| Median Home Value | $517,721 |
| Average Home Value | $581,975 |
Housing Distribution
Address Breakdown
Residential
34,447
Single Family
25,762
Multi-Family
8,685
Businesses
2,269
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