385 Cedar RdgHemphillTX75948
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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 Hemphill at 385 Cedar Rdg, Hemphill, TX, 75948 with 5% annual appreciation on a $353,600 basis while $2,748/mo rent supports operations. Total monthly income totals $2,748/mo and a $1,731/mo payment preserves $233/mo for cash returns. Annual cash flow comes to $2,798/yr on $117,218 deployed, and return on cash invested reaches 22.3% in year one. Equity gained on principal adds $2,282/yr, and five-year appreciation sums $97,693 alongside rental yield of 9.33%. Five-year ROI measures 116.88% and total cumulative return in cash totals $137,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,748/mo property income versus a $1,731/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
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