1318 Bogard LnLewisvilleTX75077
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Nearby investment properties with comparable prices
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 Lewisville at 1318 Bogard Ln, Lewisville, TX, 75077 priced at $475,000 converts $6,022/mo rent into $2,644/mo cash flow after a $2,325/mo obligation. Total monthly income equals $6,022/mo, and annual cash flow totals $31,729/yr on $157,463 invested. Return on cash invested prints 40.06% in year one, and rental yield reads 15.21% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 212.13% and total cumulative return in cash sums $334,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,022/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1990
7,797 sqft 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: Kurt Buehler • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20672213
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.