1419 Diamond DrLucasTX75098
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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 Lucas at 1419 Diamond Dr, Lucas, TX, 75098 generates $4,577/mo in rent, after a $3,994/mo payment. Total monthly income is $4,577/mo. Return on cash invested sits at 14.58% in year one, and rental yield is 6.73% on a $816,102 entry. Equity gained on principal adds $5,266/yr, while 5% annual appreciation builds toward $225,474 over five years. Five-year ROI reaches 75.45% and total cumulative return in cash sums $202,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,577/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75098, Wylie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,342 (100%) |
| Owner Occupied HU | 20,222 (79.8%) |
| Renter Occupied HU | 4,520 (17.8%) |
| Vacant Housing Units | 600 ( 2.4%) |
| Median Home Value | $465,315 |
| Average Home Value | $527,786 |
Housing Distribution
Address Breakdown
Residential
24,598
Single Family
21,952
Multi-Family
2,646
Businesses
1,460
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