1390 Mimosa LnLewisvilleTX75077
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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 1390 Mimosa Ln, Lewisville, TX, 75077 earns $169/mo cash flow from $2,771/mo rent with a $1,791/mo payment. Total monthly income totals $2,771/mo, and annual cash flow totals $2,024/yr on $121,329 capital. ROI tracks 21.58% on current figures, and rental yield reads 9.09% at a $366,000 purchase. Equity gained on principal adds $2,362/yr, and 5% annual appreciation supports $101,119 over five years. Five-year ROI reaches 113% and total cumulative return in cash sums $137,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,771/mo property income instead of your personal income.
Single Family
Built in 1987
4,007 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: Randal Shinn • Farmersville Real Estate Company
Mls Name: NTREIS
Mls ID: #21107041