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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Little Elm at 233 Ashbrook St, Little Elm, TX, 75068 priced at $336,504 converts $2,940/mo rent into $472/mo cash flow after a $1,647/mo obligation. Total monthly income equals $2,940/mo, and annual cash flow totals $5,665/yr on $111,551 invested. Return on cash invested prints 24.99% in year one, and rental yield reads 10.48% against a $336,504 entry. Equity gained on principal adds $2,171/yr, while 5% annual appreciation compiles into $92,970 by year five. Five-year ROI reaches 131.62% and total cumulative return in cash sums $146,821. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,940/mo property income covering a $1,647/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,399 sqft lot
$N/A/sqft
$900 annually 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 |
|---|---|---|
| 2025-05-04 | Listed for sale | $336,504 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20926163
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.
