1233 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
Rental property for sale in Wills Point at 1233 Shadow Lakes Dr, Wills Point, TX, 75169 priced at $815,000 pairs $6,696/mo rent with $855/mo cash flow after a $3,989/mo payment. Total monthly income equals $6,696/mo, and annual cash flow comes to $10,255/yr on $268,135 invested. Return on cash invested is 23.88% in year one, and rental yield stands at 9.86% on a $815,000 basis. Equity gained on principal adds $5,259/yr, and 5% annual appreciation accumulates to $225,169 by year five. Five-year ROI measures 125.42% and total cumulative return in cash reaches $336,301. For financing, Ziffy Mortgage’s DSCR program evaluates $6,696/mo property income against a $3,989/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
1.29 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: Charlotte Shipley • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20506599
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.