20516 Lakeshore DrThorntonTX76687
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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
Investment property for sale in Thornton at 20516 Lakeshore Dr, Thornton, TX, 76687 earns from $2,416/mo rent with a $2,862/mo payment. Total monthly income totals $2,416/mo. ROI tracks 9.19% on current figures, and rental yield reads 4.96% at a $584,800 purchase. Equity gained on principal adds $3,774/yr, and 5% annual appreciation supports $161,569 over five years. Five-year ROI reaches 46.57% and total cumulative return in cash sums $89,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,416/mo property income instead of your personal income.
Single Family
Built in 2000
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76687, Thornton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 553 (53.3%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 382 (36.8%) |
| Median Home Value | $262,321 |
| Average Home Value | $262,007 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
26
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