408 S Cedar StLeonardTX75452
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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 Leonard at 408 S Cedar St, Leonard, TX, 75452 earns $396/mo cash flow from $2,173/mo rent with a $1,223/mo payment. Total monthly income totals $2,173/mo, and annual cash flow totals $4,753/yr on $82,842 capital. ROI tracks 25.65% on current figures, and rental yield reads 10.43% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash sums $111,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,173/mo property income instead of your personal income.
Single Family
Built in 2021
7,914 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
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