121 Trailing Oaks DrDouble OakTX75077
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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
Rental property for sale in Double Oak at 121 Trailing Oaks Dr, Double Oak, TX, 75077 generates $3,731/mo in rent, after a $4,151/mo payment. Total monthly income is $3,731/mo. Return on cash invested sits at 10.17% in year one, and rental yield is 5.28% on a $848,000 entry. Equity gained on principal adds $5,472/yr, while 5% annual appreciation builds toward $234,287 over five years. Five-year ROI reaches 51.81% and total cumulative return in cash sums $144,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,731/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.99 Acres 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
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Listed by: Sunny Darden • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #21051395