217 W Park StLittle ElmTX75068
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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 Little Elm at 217 W Park St, Little Elm, TX, 75068 priced at $628,500 pairs $3,098/mo rent with after a $3,076/mo payment. Total monthly income equals $3,098/mo. Return on cash invested is 11.49% in year one, and rental yield stands at 5.92% on a $628,500 basis. Equity gained on principal adds $4,056/yr, and 5% annual appreciation accumulates to $173,643 by year five. Five-year ROI measures 59.15% and total cumulative return in cash reaches $122,300. For financing, Ziffy Mortgage’s DSCR program evaluates $3,098/mo property income against a $3,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
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Listed by: Sandra Breedlove • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20910290
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.