1202 Slate AveCedar HillTX75104
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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 Hill at 1202 Slate Ave, Cedar Hill, TX, 75104 at $411,655 posts ROI 23.17% with $370/mo cash flow from $3,298/mo rent. Total monthly income equals $3,298/mo, and annual cash flow records $4,446/yr on $136,464 to close. Return on cash invested measures 23.17% and rental yield reads 9.61% at the current $411,655. Equity gained on principal adds $2,656/yr, and 5% annual appreciation supports $113,733 by year five. Five-year ROI prints 121.54% and total cumulative return in cash totals $165,855.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75104, Cedar Hill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,093 (100%) |
| Owner Occupied HU | 12,039 (66.5%) |
| Renter Occupied HU | 5,419 (30.0%) |
| Vacant Housing Units | 635 ( 3.5%) |
| Median Home Value | $328,501 |
| Average Home Value | $403,171 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,136
Multi-Family
2,241
Businesses
970
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Listed by: Stonehill - Sales Agent • D.R. Horton - Fort Worth South
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A