2280 Riviera DrLittle 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
Investment property for sale in Little Elm at 2280 Riviera Dr, Little Elm, TX, 75068 uses $206,941 cash to close to unlock $11,181/yr annual cash flow and $932/mo monthly cash flow. Total monthly income runs $5,405/mo, and a $3,079/mo payment keeps the spread at $932/mo. Purchase price stands at $629,000, and rental yield measures 10.31% with $5,405/mo rent. Return on cash invested shows 25.46% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 133.81% and total cumulative return in cash records $276,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,405/mo property income covering a $3,079/mo payment rather than investor’s personal income.
Single Family
Built in 2007
10,280 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: Brianna Castillo • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21046329
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.