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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Southlake at 1422 Laurel Ln, Southlake, TX, 76092 priced at $1,299,900 pairs $4,376/mo rent with after a $6,362/mo payment. Total monthly income equals $4,376/mo. Return on cash invested is 5.86% in year one, and rental yield stands at 4.04% on a $1,299,900 basis. Equity gained on principal adds $8,388/yr, and 5% annual appreciation accumulates to $359,138 by year five. Five-year ROI measures 28.88% and total cumulative return in cash reaches $121,640. For financing, Ziffy Mortgage’s DSCR program evaluates $4,376/mo property income against a $6,362/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
Date | Event | Price |
|---|---|---|
| 2025-07-13 | Listed for sale | $1,299,900 |
| 2025-05-27 | Listing removed | $1,800,000 |
| 2025-05-24 | Price change | $1,800,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-13 | $23278.00 | -1.24% | $1,766,014 | -2.43% |
| 2023-07-13 | $23569.79 | -11.21% | $1,809,996 | 24.83% |
| 2022-07-13 | $26544.76 | 5.86% | $1,450,000 | 18.20% |
Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: NTREIS
Mls ID: #20996614
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.
