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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cedar Hill at 1515 N Joe Wilson Rd, Cedar Hill, TX, 75104 with 5% annual appreciation on a $550,000 basis while $4,228/mo rent supports operations. Total monthly income totals $4,228/mo and a $2,692/mo payment preserves $106/mo for cash returns. Annual cash flow comes to $1,272/yr on $180,950 deployed, and return on cash invested reaches 20.76% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 9.22%. Five-year ROI measures 109.11% and total cumulative return in cash totals $197,434.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,228/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75104, Cedar Hill, TX area.
| 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 |
Residential
18,377
Single Family
16,136
Multi-Family
2,241
Businesses
970
Date | Event | Price |
|---|---|---|
| 2025-01-04 | Price change | $550,000 |
| 2024-11-12 | Listed for sale | $570,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $11662.55 | 29.30% | $507,630 | 30.82% |
| 2023-02-12 | $9019.71 | -8.75% | $388,050 | N/A |
| 2022-02-12 | $9884.59 | 74.27% | $388,050 | 74.58% |
Listed by: Elias Canales • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #20775043
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.
