119 W Walters StLewisvilleTX75057
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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 Lewisville at 119 W Walters St, Lewisville, TX, 75057 offers a 15.01% rental yield on a $410,000 purchase with $5,129/mo rent. Total monthly income registers $5,129/mo, and a $2,007/mo payment leaves $2,074/mo available for distribution. Annual cash flow reaches $24,884/yr on $135,915 to close, and return on cash invested stands at 38.22% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 202.69% and total cumulative return in cash at $275,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,129/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
1,089 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75057, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,936 (100%) |
| Owner Occupied HU | 1,833 (23.1%) |
| Renter Occupied HU | 5,368 (67.6%) |
| Vacant Housing Units | 735 ( 9.3%) |
| Median Home Value | $302,908 |
| Average Home Value | $298,722 |
Housing Distribution
Address Breakdown
Residential
7,041
Single Family
3,041
Multi-Family
4,000
Businesses
1,187
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Listed by: Ryan Delagarza • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20627159
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.