231 Nottingham TrlHickory 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
Investment property for sale in Hickory Creek at 231 Nottingham Trl, Hickory Creek, TX, 75065 earns $15/mo cash flow from $4,990/mo rent with a $3,424/mo payment. Total monthly income totals $4,990/mo, and annual cash flow totals $185/yr on $230,135 capital. ROI tracks 20.14% on current figures, and rental yield reads 8.56% at a $699,499 purchase. Equity gained on principal adds $4,514/yr, and 5% annual appreciation supports $193,259 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash sums $242,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,990/mo property income instead of your personal income.
Single Family
Built in 2020
8,712 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: Mike Elarnaouty • OnDemand Realty
Mls Name: NTREIS
Mls ID: #21051591