1208 Hershey LnLewisvilleTX75077
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1208 Hershey Ln, Lewisville, TX, 75077 uses $127,628 cash to close to unlock $2,791/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $1,884/mo payment keeps the spread at $233/mo. Purchase price stands at $385,000, and rental yield measures 9.26% with $2,970/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash records $147,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1996
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75077, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 11,790 (76.2%) |
| Renter Occupied HU | 3,210 (20.8%) |
| Vacant Housing Units | 465 ( 3.0%) |
| Median Home Value | $464,627 |
| Average Home Value | $538,179 |
Housing Distribution
Address Breakdown
Residential
15,326
Single Family
12,884
Multi-Family
2,442
Businesses
586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette McGuire • Keller Williams Central
Mls Name: NTREIS
Mls ID: #21059541