1517 Fairfield CtLewisvilleTX75077
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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 1517 Fairfield Ct, Lewisville, TX, 75077 priced at $450,900 converts $2,833/mo rent into after a $2,207/mo obligation. Total monthly income equals $2,833/mo. Return on cash invested prints 16.23% in year one, and rental yield reads 7.54% against a $450,900 entry. Equity gained on principal adds $2,910/yr, while 5% annual appreciation compiles into $124,575 by year five. Five-year ROI reaches 84.57% and total cumulative return in cash sums $126,408. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,833/mo property income covering a $2,207/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.33 Acres lot
$N/A/sqft
$85 monthly 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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