401 S Cannady DrCedar HillTX75104
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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 Cedar Hill at 401 S Cannady Dr, Cedar Hill, TX, 75104 uses $65,969 cash to close to unlock $1,667/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $974/mo payment keeps the spread at $139/mo. Purchase price stands at $199,000, and rental yield measures 9.37% with $1,554/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 117.59% and total cumulative return in cash records $77,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1986
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75104, Cedar Hill, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,377
Single Family
16,136
Multi-Family
2,241
Businesses
970
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Listed by: Herbert Dorsey • Signature Real Estate Agency
Mls Name: NTREIS
Mls ID: #21008120