








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 Ovilla at 291 Cheyenne, Ovilla, TX, 75154 at $884,752 posts ROI 7.29% with from $3,194/mo rent. Total monthly income equals $3,194/mo. Return on cash invested measures 7.29% and rental yield reads 4.33% at the current $884,752. Equity gained on principal adds $5,709/yr, and 5% annual appreciation supports $244,441 by year five. Five-year ROI prints 36.36% and total cumulative return in cash totals $105,840. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,194/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #21086220