113 Boondoggle RdgCedar CreekTX78612
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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 Cedar Creek at 113 Boondoggle Rdg, Cedar Creek, TX, 78612 offers a 10.38% rental yield on a $319,000 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,561/mo payment leaves $492/mo available for distribution. Annual cash flow reaches $5,903/yr on $105,749 to close, and return on cash invested stands at 25.49% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 133.98% and total cumulative return in cash at $141,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78612, Cedar Creek, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,349 (100%) |
| Owner Occupied HU | 4,793 (75.5%) |
| Renter Occupied HU | 1,142 (18.0%) |
| Vacant Housing Units | 414 ( 6.5%) |
| Median Home Value | $347,251 |
| Average Home Value | $411,581 |
Housing Distribution
Address Breakdown
Residential
6,245
Single Family
6,245
Multi-Family
0
Businesses
273
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Listed by: N/A • N/A
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A