1318 Old Barn LnLewisvilleTX75067
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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 Lewisville at 1318 Old Barn Ln, Lewisville, TX, 75067 priced at $479,000 pairs $6,869/mo rent with $3,463/mo cash flow after a $2,344/mo payment. Total monthly income equals $6,869/mo, and annual cash flow comes to $41,559/yr on $158,789 invested. Return on cash invested is 46.08% in year one, and rental yield stands at 17.21% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 244.41% and total cumulative return in cash reaches $388,095. For financing, Ziffy Mortgage’s DSCR program evaluates $6,869/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75067, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 10,883 (37.3%) |
| Renter Occupied HU | 16,963 (58.1%) |
| Vacant Housing Units | 1,366 ( 4.7%) |
| Median Home Value | $370,654 |
| Average Home Value | $416,106 |
Housing Distribution
Address Breakdown
Residential
28,178
Single Family
13,229
Multi-Family
14,949
Businesses
1,728
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Listed by: Margaret Kahn • Real
Mls Name: NTREIS
Mls ID: #20698407
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.