432 Cedar Elm LnNevadaTX75173
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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
Rental property for sale in Nevada at 432 Cedar Elm Ln, Nevada, TX, 75173 generates $3,161/mo in rent, after a $2,362/mo payment. Total monthly income is $3,161/mo. Return on cash invested sits at 17.88% in year one, and rental yield is 7.86% on a $482,500 entry. Equity gained on principal adds $3,114/yr, while 5% annual appreciation builds toward $133,306 over five years. Five-year ROI reaches 93.18% and total cumulative return in cash sums $149,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,161/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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