213 Oak Tree LnHickory CreekTX75065
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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 Hickory Creek at 213 Oak Tree Ln, Hickory Creek, TX, 75065 priced at $255,000 pairs $1,747/mo rent with after a $1,248/mo payment. Total monthly income equals $1,747/mo. Return on cash invested is 18.97% in year one, and rental yield stands at 8.22% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 99.01% and total cumulative return in cash reaches $83,696. For financing, Ziffy Mortgage’s DSCR program evaluates $1,747/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Lori Tredway • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20960985