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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% |
Rental property for sale in Cedar Hill at 2876 S Lakeview Dr, Cedar Hill, TX, 75104 generates $9,830/mo in rent, after a $8,805/mo payment. Total monthly income is $9,830/mo. Return on cash invested sits at 14.22% in year one, and rental yield is 6.56% on a $1,799,000 entry. Equity gained on principal adds $11,609/yr, while 5% annual appreciation builds toward $497,031 over five years. Five-year ROI reaches 73.47% and total cumulative return in cash sums $428,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,830/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.05 Acres lot
$N/A/sqft
$315 annually 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 |
|---|---|---|
| 2024-08-03 | Price change | $1,799,000 |
| 2024-07-17 | Price change | $1,874,900 |
| 2024-06-29 | Listed for sale | $1,900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Krissy Mireles • JAX Elite Realty
Mls Name: NTREIS
Mls ID: #20639756
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.
