409 Cedar StWolfforthTX79382
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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 Wolfforth at 409 Cedar St, Wolfforth, TX, 79382 with 5% annual appreciation on a $176,535 basis while $1,735/mo rent supports operations. Total monthly income totals $1,735/mo and a $864/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,496/yr on $58,521 deployed, and return on cash invested reaches 27.59% in year one. Equity gained on principal adds $1,139/yr, and five-year appreciation sums $48,773 alongside rental yield of 11.79%. Five-year ROI measures 146.07% and total cumulative return in cash totals $85,485.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,735/mo property income versus a $864/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2022
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79382, Wolfforth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,995 (100%) |
| Owner Occupied HU | 2,939 (73.6%) |
| Renter Occupied HU | 757 (18.9%) |
| Vacant Housing Units | 299 ( 7.5%) |
| Median Home Value | $271,023 |
| Average Home Value | $349,056 |
Housing Distribution
Address Breakdown
Residential
4,135
Single Family
3,944
Multi-Family
191
Businesses
396
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