1299 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
Total monthly income runs $5,989/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 8.47% with $5,989/mo rent. Return on cash invested shows 19.85% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 103.75% and total cumulative return in cash records $289,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,989/mo property income covering a $4,155/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.23 Acres lot
$N/A/sqft
No 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: Elaine Fabbri • RE/MAX Landmark Rose
Mls Name: NTREIS
Mls ID: #21144065