692 S Loop 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 692 S Loop Dr, Cedar Hill, TX, 75104 uses $193,123 cash to close to unlock $410/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $4,450/mo, and a $2,873/mo payment keeps the spread at $34/mo. Purchase price stands at $587,000, and rental yield measures 9.1% with $4,450/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $162,177 over five years. Five-year ROI reaches 106.54% and total cumulative return in cash records $205,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,450/mo property income covering a $2,873/mo payment rather than investor’s personal income.
Single Family
Built in 1993
2.36 Acres 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: Jesus Gaona • Texas Lone Star, REALTORS
Mls Name: NTREIS
Mls ID: #21002829
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.