2460 Waterstone DrCedar 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
Rental property for sale in Cedar Hill at 2460 Waterstone Dr, Cedar Hill, TX, 75104 generates $4,054/mo in rent and, after a $2,359/mo payment, leaves $627/mo in cash flow. Total monthly income is $4,054/mo, and annual cash flow is $7,519/yr on $159,783 invested. Return on cash invested sits at 24.61% in year one, and rental yield is 10.09% on a $482,000 entry. Equity gained on principal adds $3,110/yr, while 5% annual appreciation builds toward $133,168 over five years. Five-year ROI reaches 129.29% and total cumulative return in cash sums $206,588. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,054/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.17 Acres 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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Listed by: Laura Ortiz • LPT Realty, LLC
Mls Name: NTREIS
Mls ID: #21122073