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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 Little Elm at 1917 Lakewood Ave, Little Elm, TX, 75068 offers $2,640/mo rent that, after a $1,809/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 19.72% in year one, and rental yield stands at 8.57% at a $369,500 entry. Equity gained on principal adds $2,384/yr while 5% annual appreciation compounds into $102,086 by year five. Five-year ROI records 103.14% and total cumulative return in cash reaches $126,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $1,809/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,758 sqft lot
$N/A/sqft
$31 monthly HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Listed for sale | $369,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Iman Farzadpour • Ultimate Real Estate Group LLC
Mls Name: NTREIS
Mls ID: #20837147
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.
