185 Desiree LnHighland VillageTX75077
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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 Highland Village at 185 Desiree Ln, Highland Village, TX, 75077 generates $4,858/mo in rent and, after a $2,491/mo payment, leaves $1,239/mo in cash flow. Total monthly income is $4,858/mo, and annual cash flow is $14,865/yr on $167,461 invested. Return on cash invested sits at 28.94% in year one, and rental yield is 11.45% on a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 152.44% and total cumulative return in cash sums $255,277. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,858/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.34 Acres 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
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Listed by: TERESA WILSON • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20694502
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.