15979 Lexie LnFlintTX75762
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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 Flint at 15979 Lexie Ln, Flint, TX, 75762 priced at $735,000 pairs $6,479/mo rent with $1,128/mo cash flow after a $3,597/mo payment. Total monthly income equals $6,479/mo, and annual cash flow comes to $13,533/yr on $241,815 invested. Return on cash invested is 25.66% in year one, and rental yield stands at 10.58% on a $735,000 basis. Equity gained on principal adds $4,743/yr, and 5% annual appreciation accumulates to $203,067 by year five. Five-year ROI measures 135.07% and total cumulative return in cash reaches $326,616. For financing, Ziffy Mortgage’s DSCR program evaluates $6,479/mo property income against a $3,597/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
1.35 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75762, Flint, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,331 (100%) |
| Owner Occupied HU | 4,841 (76.5%) |
| Renter Occupied HU | 970 (15.3%) |
| Vacant Housing Units | 520 ( 8.2%) |
| Median Home Value | $349,126 |
| Average Home Value | $398,454 |
Housing Distribution
Address Breakdown
Residential
6,100
Single Family
6,100
Multi-Family
0
Businesses
434
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Listed by: Melissa Lane • Realty One Group Rose
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24011924
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.