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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ennis at 1104 Lakeway Dr, Ennis, TX, 75119 at $535,000 posts ROI 9.25% with from $2,220/mo rent. Total monthly income equals $2,220/mo. Return on cash invested measures 9.25% and rental yield reads 4.98% at the current $535,000. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 by year five. Five-year ROI prints 46.92% and total cumulative return in cash totals $82,588. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Listed for sale | $535,000 |
| 2017-08-24 | Sold | N/A |
| 2017-08-24 | Pending sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4813.91 | -23.98% | $333,143 | 10.00% |
| 2022-08-14 | $6332.60 | N/A | $302,857 | 10.00% |
| 2021-08-14 | N/A | N/A | $275,325 | -8.75% |
Listed by: Eric Keathly • Texas Premier Realty North Cen
Mls Name: NTREIS
Mls ID: #20680059
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.
