1833 Diamond CtLucasTX75098
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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 Lucas at 1833 Diamond Ct, Lucas, TX, 75098 priced at $1,066,794 converts $5,074/mo rent into after a $5,221/mo obligation. Total monthly income equals $5,074/mo. Return on cash invested prints 11.08% in year one, and rental yield reads 5.71% against a $1,066,794 entry. Equity gained on principal adds $6,884/yr, while 5% annual appreciation compiles into $294,736 by year five. Five-year ROI reaches 56.84% and total cumulative return in cash sums $196,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,074/mo property income covering a $5,221/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
$1,978 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75098, Wylie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,342 (100%) |
| Owner Occupied HU | 20,222 (79.8%) |
| Renter Occupied HU | 4,520 (17.8%) |
| Vacant Housing Units | 600 ( 2.4%) |
| Median Home Value | $465,315 |
| Average Home Value | $527,786 |
Housing Distribution
Address Breakdown
Residential
24,598
Single Family
21,952
Multi-Family
2,646
Businesses
1,460
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Listed by: Bryan Blagg • CastleRock Realty, LLC
Mls Name: NTREIS
Mls ID: #20901749
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.