1517 Big Thicket DrCedar ParkTX78613
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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 Park at 1517 Big Thicket Dr, Cedar Park, TX, 78613 listed at $360,000 pairs $1,961/mo rent with a $1,762/mo payment. Total monthly income runs $1,961/mo. Return on cash invested measures 13.89% in year one, and rental yield registers 6.54% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 71.74% and total cumulative return in cash totals $85,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,961/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78613, Cedar Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,575 (100%) |
| Owner Occupied HU | 20,757 (58.3%) |
| Renter Occupied HU | 13,356 (37.5%) |
| Vacant Housing Units | 1,462 ( 4.1%) |
| Median Home Value | $517,721 |
| Average Home Value | $581,975 |
Housing Distribution
Address Breakdown
Residential
34,447
Single Family
25,762
Multi-Family
8,685
Businesses
2,269
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Listed by: Patti Thomas • The Real Estate Social, LLC
Mls Name: Unlock MLS
Mls ID: #7035254