400 S Cedar StLeonardTX75452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leonard at 400 S Cedar St, Leonard, TX, 75452 priced at $277,000 pairs $1,740/mo rent with after a $1,356/mo payment. Total monthly income equals $1,740/mo. Return on cash invested is 16.08% in year one, and rental yield stands at 7.54% on a $277,000 basis. Equity gained on principal adds $1,787/yr, and 5% annual appreciation accumulates to $76,530 by year five. Five-year ROI measures 83.88% and total cumulative return in cash reaches $77,019. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $1,356/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75452, Leonard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,459 (69.5%) |
| Renter Occupied HU | 434 (20.7%) |
| Vacant Housing Units | 205 ( 9.8%) |
| Median Home Value | $276,141 |
| Average Home Value | $355,331 |
Housing Distribution
Address Breakdown
Residential
1,861
Single Family
1,830
Multi-Family
31
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Purser • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20759935
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.