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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% |
Rental property for sale in Argyle at 1701 Lavender Ln, Argyle, TX, 76226 offers $5,297/mo rent that, after a $2,545/mo payment, leaves $1,427/mo cash flow. Total monthly income is $5,297/mo, and annual cash flow is $17,122/yr on $171,080 cash. Return on cash invested measures 30.07% in year one, and rental yield stands at 12.22% at a $520,000 entry. Equity gained on principal adds $3,355/yr while 5% annual appreciation compounds into $143,666 by year five. Five-year ROI records 158.94% and total cumulative return in cash reaches $271,907. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,297/mo property income versus a $2,545/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,969 sqft lot
$N/A/sqft
$1,035 semi-annually HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2024-07-23 | Price change | $520,000 |
| 2024-06-01 | Listed for sale | $530,000 |
| 2024-01-13 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $8630.16 | -23.26% | $511,000 | 25.80% |
| 2022-08-15 | $11245.34 | 7.45% | $406,193 | 10.35% |
| 2021-08-15 | $10465.28 | 865.05% | $368,096 | 563.15% |
Listed by: Kim Evans • The Agency Frisco
Mls Name: NTREIS
Mls ID: #20620921
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.
