1506 Spring Hill Dr #W6EOXJCedar 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 1506 Spring Hill Dr #W6EOXJ, Cedar Hill, TX, 75104 with 5% annual appreciation on a $580,500 basis while $4,685/mo rent supports operations. Total monthly income totals $4,685/mo and a $2,841/mo payment preserves $557/mo for cash returns. Annual cash flow comes to $6,687/yr on $190,985 deployed, and return on cash invested reaches 23.56% in year one. Equity gained on principal adds $3,746/yr, and five-year appreciation sums $160,381 alongside rental yield of 9.68%. Five-year ROI measures 123.63% and total cumulative return in cash totals $236,110.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,685/mo property income versus a $2,841/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
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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