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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% |
Rental property for sale in Oak Point at 121 Savannah Ln, Oak Point, TX, 75068 priced at $490,000 pairs $2,640/mo rent with after a $2,398/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 12.07% in year one, and rental yield stands at 6.47% on a $490,000 basis. Equity gained on principal adds $3,162/yr, and 5% annual appreciation accumulates to $135,378 by year five. Five-year ROI measures 62.62% and total cumulative return in cash reaches $101,712. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,011 sqft lot
$N/A/sqft
$625 semi-annually HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $490,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $9482.20 | -0.73% | $471,579 | -0.20% |
| 2023-04-17 | $9551.86 | -7.77% | $472,546 | 10.00% |
| 2022-04-17 | $10356.73 | 219.32% | $429,587 | 347.62% |
Listed by: Kendra Mckiddy • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20904627
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.
