1501 Lariat DrProsperTX75078
Nearby investment properties with comparable rents
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
Investment property for sale in Prosper at 1501 Lariat Dr, Prosper, TX, 75078 listed at $964,500 pairs $6,863/mo rent with a $4,721/mo payment to leave $4/mo cash flow. Total monthly income runs $6,863/mo, and annual cash flow reaches $48/yr on $317,321 cash to close. Return on cash invested measures 20.08% in year one, and rental yield registers 8.54% at a $964,500 basis. Equity gained on principal adds $6,224/yr, and annual property appreciation at 5% supports $266,474 by year five. Five-year ROI tracks 104.93% and total cumulative return in cash totals $332,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,863/mo property income relative to a $4,721/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75078, Prosper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 14,666 (75.9%) |
| Renter Occupied HU | 2,459 (12.7%) |
| Vacant Housing Units | 2,188 (11.3%) |
| Median Home Value | $704,763 |
| Average Home Value | $764,345 |
Housing Distribution
Address Breakdown
Residential
18,014
Single Family
16,310
Multi-Family
1,704
Businesses
1,413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices