923 Redcedar Way DrCoppellTX75019
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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 Coppell at 923 Redcedar Way Dr, Coppell, TX, 75019 earns $515/mo cash flow from $3,217/mo rent with a $1,860/mo payment. Total monthly income totals $3,217/mo, and annual cash flow totals $6,176/yr on $125,970 capital. ROI tracks 24.81% on current figures, and rental yield reads 10.16% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 130.36% and total cumulative return in cash sums $164,209. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,217/mo property income instead of your personal income.
Single Family
Built in 1983
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75019, Coppell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,721 (100%) |
| Owner Occupied HU | 10,383 (55.5%) |
| Renter Occupied HU | 7,451 (39.8%) |
| Vacant Housing Units | 887 ( 4.7%) |
| Median Home Value | $541,177 |
| Average Home Value | $584,212 |
Housing Distribution
Address Breakdown
Residential
18,062
Single Family
12,298
Multi-Family
5,764
Businesses
2,086
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