9838 Cedarcrest DrProvidence VillageTX76227
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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 Providence Village at 9838 Cedarcrest Dr, Providence Village, TX, 76227 generates $2,188/mo in rent and, after a $1,272/mo payment, leaves $220/mo in cash flow. Total monthly income is $2,188/mo, and annual cash flow is $2,644/yr on $86,157 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 10.1% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 121.16% and total cumulative return in cash sums $104,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
4,007 sqft lot
$N/A/sqft
$871 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76227, Aubrey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,420 (100%) |
| Owner Occupied HU | 23,091 (78.5%) |
| Renter Occupied HU | 4,666 (15.9%) |
| Vacant Housing Units | 1,663 ( 5.7%) |
| Median Home Value | $479,180 |
| Average Home Value | $571,581 |
Housing Distribution
Address Breakdown
Residential
29,729
Single Family
25,985
Multi-Family
3,744
Businesses
756
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Listed by: SUSAN COOKSEY • CENTURY 21 JUDGE FITE CO.
Mls Name: NTREIS
Mls ID: #20751958
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.