1110 Shadow Lakes DrWills PointTX75169
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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 Wills Point at 1110 Shadow Lakes Dr, Wills Point, TX, 75169 offers a 11.76% rental yield on a $604,900 purchase with $5,927/mo rent. Total monthly income registers $5,927/mo, and a $2,961/mo payment leaves $1,579/mo available for distribution. Annual cash flow reaches $18,952/yr on $199,012 to close, and return on cash invested stands at 29.58% in year one. Equity gained on principal adds $3,903/yr while 5% annual appreciation supports $167,123 over five years. Portfolio math shows five-year ROI at 156.01% and total cumulative return in cash at $310,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,927/mo property income against a $2,961/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.52 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
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Listed by: Dani Scott • Refind Realty Inc.
Mls Name: NTREIS
Mls ID: #20682138
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.