513 King StCedar 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
Rental property for sale in Cedar Hill at 513 King St, Cedar Hill, TX, 75104 offers $2,490/mo rent that, after a $1,419/mo payment, leaves $428/mo cash flow. Total monthly income is $2,490/mo, and annual cash flow is $5,138/yr on $96,135 cash. Return on cash invested measures 25.25% in year one, and rental yield stands at 10.3% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 132.74% and total cumulative return in cash reaches $127,612. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,490/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
5,706 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: Cory Badreddine • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #21016332