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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% |
Investment property for sale in Lewisville at 1536 Elika Ct, Lewisville, TX, 75067 offers a 8.5% rental yield on a $428,500 purchase with $3,035/mo rent. 81% in year one. Equity gained on principal adds $2,765/yr while 5% annual appreciation supports $118,387 over five years. Portfolio math shows five-year ROI at 103.54% and total cumulative return in cash at $147,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,035/mo property income against a $2,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75067, Lewisville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 10,883 (37.3%) |
| Renter Occupied HU | 16,963 (58.1%) |
| Vacant Housing Units | 1,366 ( 4.7%) |
| Median Home Value | $370,654 |
| Average Home Value | $416,106 |
Residential
28,178
Single Family
13,229
Multi-Family
14,949
Businesses
1,728
Date | Event | Price |
|---|---|---|
| 2025-08-18 | Listing removed | $2,600 |
| 2025-07-28 | Listed for rent | $2,600 |
| 2025-07-18 | Listing removed | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $5398.69 | 11.79% | $377,633 | 10.00% |
| 2023-10-08 | $4829.31 | -10.85% | $343,303 | 10.00% |
| 2022-10-08 | $5416.84 | 2.33% | $312,094 | 10.00% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
