Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Little Elm at 2320 Covey Ct, Little Elm, TX, 75068 listed at $469,200 pairs $2,640/mo rent with a $2,297/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 13.39% in year one, and rental yield registers 6.75% at a $469,200 basis. Equity gained on principal adds $3,028/yr, and annual property appreciation at 5% supports $129,631 by year five. Five-year ROI tracks 69.49% and total cumulative return in cash totals $108,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| 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 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2025-06-12 | Listing removed | $2,900 |
| 2025-05-21 | Price change | $2,900 |
| 2025-05-16 | Listed for rent | $3,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $9568.90 | 0.50% | $485,000 | 2.23% |
| 2023-07-01 | $9521.06 | 678.25% | $474,420 | 776.54% |
| 2022-07-01 | $1223.39 | -2.04% | $54,124 | -40.00% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
