1230 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 1230 Slate Ave, Cedar Hill, TX, 75104 at $391,255 posts ROI 39.69% with $2,138/mo cash flow from $4,966/mo rent. Total monthly income equals $4,966/mo, and annual cash flow records $25,655/yr on $129,701 to close. Return on cash invested measures 39.69% and rental yield reads 15.23% at the current $391,255. Equity gained on principal adds $2,525/yr, and 5% annual appreciation supports $108,097 by year five. Five-year ROI prints 210.28% and total cumulative return in cash totals $272,730.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,966/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
10,071 sqft lot
$N/A/sqft
$550 annually 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: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20657867
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.