141 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 141 Boondoggle Rdg, Cedar Creek, TX, 78612 with 5% annual appreciation on a $368,705 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,805/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,653/yr on $122,226 deployed, and return on cash invested reaches 21.26% in year one. Equity gained on principal adds $2,379/yr, and five-year appreciation sums $101,866 alongside rental yield of 8.98%. Five-year ROI measures 111.31% and total cumulative return in cash totals $136,050.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,805/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
8,189 sqft 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: Patrick McGrath • Meritage Homes Realty
Mls Name: Unlock MLS
Mls ID: #9475794