1617 Century Oaks DrLewisvilleTX75077
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 Lewisville at 1617 Century Oaks Dr, Lewisville, TX, 75077 uses $132,567 cash to close to unlock $11,047/yr annual cash flow and $921/mo monthly cash flow. Total monthly income runs $3,764/mo, and a $1,957/mo payment keeps the spread at $921/mo. Purchase price stands at $399,900, and rental yield measures 11.29% with $3,764/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 148.74% and total cumulative return in cash records $197,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,764/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1983
9,234 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Holtzman • RE/MAX Cross Country
Mls Name: NTREIS
Mls ID: #21052712
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.