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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 324 Oak Meadow Ln, Cedar Hill, TX, 75104 offers $2,580/mo rent that, after a $1,048/mo payment, leaves $980/mo cash flow. Total monthly income is $2,580/mo, and annual cash flow is $11,759/yr on $71,007 cash. Return on cash invested measures 36.47% in year one, and rental yield stands at 14.45% at a $214,200 entry. Equity gained on principal adds $1,382/yr while 5% annual appreciation compounds into $59,180 by year five. Five-year ROI records 193.32% and total cumulative return in cash reaches $137,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $1,048/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
7,797 sqft 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 |
|---|---|---|
| 2024-08-01 | Price change | $214,200 |
| 2024-07-15 | Price change | $252,000 |
| 2024-07-02 | Listed for sale | $264,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4483.32 | -36.75% | $278,270 | N/A |
| 2022-08-14 | $7088.22 | 41.26% | $278,270 | 41.51% |
| 2021-08-14 | $5018.02 | -2.27% | $196,640 | N/A |
Listed by: Nolan Whisenhunt • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20605805
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.
