903 Ragland 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 903 Ragland Dr, Cedar Hill, TX, 75104 offers a 9.62% rental yield on a $308,000 purchase with $2,468/mo rent. Total monthly income registers $2,468/mo, and a $1,508/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,327/yr on $102,102 to close, and return on cash invested stands at 23.17% in year one. Equity gained on principal adds $1,987/yr while 5% annual appreciation supports $85,095 over five years. Portfolio math shows five-year ROI at 121.55% and total cumulative return in cash at $124,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,468/mo property income against a $1,508/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
5,488 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: Reshon Little • Bian Realty
Mls Name: NTREIS
Mls ID: #21149609