1246 Lamar DrLewisvilleTX75077
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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 1246 Lamar Dr, Lewisville, TX, 75077 with 5% annual appreciation on a $427,500 basis while $3,239/mo rent supports operations. 66% in year one. Equity gained on principal adds $2,759/yr, and five-year appreciation sums $118,110 alongside rental yield of 9.09%. Five-year ROI measures 98.47% and total cumulative return in cash totals $139,546. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,239/mo property income versus a $2,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2021
2,395 sqft lot
$N/A/sqft
$315 monthly 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: #20969262
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.