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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 2033 Waterview Dr, Little Elm, TX, 75068 priced at $339,000 converts $2,438/mo rent into $28/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,438/mo, and annual cash flow totals $331/yr on $112,379 invested. Return on cash invested prints 20.2% in year one, and rental yield reads 8.63% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 105.64% and total cumulative return in cash sums $118,720. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,438/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6,011 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-23 | Price change | $339,000 |
| 2024-10-12 | Listed for sale | $341,500 |
| 2017-09-13 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2236.56 | -0.17% | $308,634 | 10.00% |
| 2023-02-12 | $2240.48 | -42.48% | $280,576 | 10.00% |
| 2022-02-12 | $3895.01 | N/A | $255,069 | 10.00% |
Listed by: Ed Nadwodny • E 5 Realty
Mls Name: NTREIS
Mls ID: #20748926
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.
