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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 129 S Oak Dr, Oak Point, TX, 75068 generates $3,638/mo in rent, after a $2,532/mo payment. Total monthly income is $3,638/mo. Return on cash invested sits at 19.77% in year one, and rental yield is 8.44% on a $517,306 entry. Equity gained on principal adds $3,338/yr, while 5% annual appreciation builds toward $142,922 over five years. Five-year ROI reaches 103.32% and total cumulative return in cash sums $175,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,638/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bobbie Alexander • Alexander Properties
Mls Name: NTREIS
Mls ID: #21130957
